logo
Sign in or Register

Already a member?

Sign in

Or sign in with your account on:

Not a member yet?

Register
    

 


Apple's New iPhone 5S Feature Could Seriously Deter Theft

  +Follow July 30, 2013 2:56PM
Share:
Tickers Mentioned:

At their third fiscal quarter 2013 earnings report on July 23 Apple Inc. (AAPL) stayed mum on the details of their newest product. After the relatively disappointing sales if the iPhone 5S, the company’s stock has plummeted and despite healthy earnings the pressure mounted to unveil a new development that could reinvigorate the tech giant’s sales.

But all guesses as to whether that new development like a smartwatch, or features on an updated product that would truly make it a truly must-have, were all merely speculation. But now there’s compelling evidence what the famously secretive company is going to debut this fall, and if the evidence is correct, it signals a major development in the Apple product line.

On July 28, Apple released the beta of their new operating system, iOS 7, to developers. Included in the iOS was a folder marked “Biometric Kit” with a string of code hinting at a new feature with a line of code that said “A fingerprint that changes colour during the setup process.”

Coupled with Apple’s purchase of biometric hardware company AuthenTec in July 2012 for $340 million, the developers now think they know what the famously secretive company is up to. The new Apple feature, it would appear, is fingerprint identification on the iPhone 5S, purportedly ready to release in September or October 2013.  

If it works as it should, fingerprint ID would address a major issue with iPhones. 1.6 million Americans have their iPhones stolen per year, putting total losses in the hundreds of millions for consumers

Rumors of fingerprint scanning on an iPhone have swirled since prior to the iPhone 5 release. But that speculation was built solely on the AuthenTec acquisition. The code release verifies the company will incorporate the tech into the new iPhone, or at least is teasing out the possibility.

If true, this won’t be the first smartphone to incorporate fingerprint scanning tech – Google, Inc (GOOG) subsidiary Motorola Mobility’s Atrix first did back in 2011, though its effectiveness garnered mixed reviews.

Apple is up 1.48 percent to hit $454.38 a share. They’re up 9.43 percent on the month.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer


Signup for our daily newsletter and get our best articles emailed right to you!

Results for aapl
MacHash
1 Aug 15 18:38:34
Tech shuttle drivers approve Teamsters contract, Apple working with… http://t.co/uRbQoUpt7L #AppleInsider $AAPL http://t.co/ik66ojOjMO
Somanath
1 Aug 15 18:37:52
Jake132013 : EGO Eldorado Gold Corp. 52Wk Low http://t.co/chEsiQsjwO $EGO $AAPL $CVS $G… http://t.co/46KwlrTN3O) http://t.co/NSeo6Iss3f
View-Finders
1 Aug 15 18:37:12
RT @CNNMoney: iPhone vs. Android: Which is better? We break it down for you http://t.co/8RV0B1t3v6 $AAPL $GOOGL http://t.co/DN0ekmqGDx
Best Trader
1 Aug 15 18:36:47
#GBPUSD $GBPUSD #forex #GBP #Currencies #USD @dastrader $GOOG $AAPL $FB $F $TSLA $TWTR $MU $CONN #USDJPY $GBP http://t.co/ob9Zkz6txH
Jenny Gutierrez
1 Aug 15 18:36:44
RT @CNNMoney: iPhone vs. Android: Which is better? We break it down for you http://t.co/8RV0B1t3v6 $AAPL $GOOGL http://t.co/DN0ekmqGDx
Jake13
1 Aug 15 18:36:07
EGO Eldorado Gold Corp. 52Wk Low http://t.co/lGA9DueYMv $EGO $AAPL $CVS $GPOR #EGO #stockmarket #investing
clayton
1 Aug 15 18:36:05
DXJ Wisdom Tree Japan Hedged Equity Ex-Div Date http://t.co/vonsckdI7g $DXJ $V $AAPL $FAST #DXJ #stock #stock
PolgarStocks
1 Aug 15 18:35:35
CSCO Cisco Systems, Inc. Last Price http://t.co/n66vslVcAr $CSCO $ULTA $PKW $AAPL #CSCO #tradeideas #nasdaq
danrocks
1 Aug 15 18:35:34
DNAX DNA Brands Inc. Shares http://t.co/MMreTOUfdn $DNAX $LSG.TO $USLV $AAPL #DNAX #share #investing
lookn4wins
1 Aug 15 18:35:33
CDTI Celgene Corp. Filings http://t.co/3hH4M1Ty5u $CDTI $FIX $AAPL $BLUE #CDTI #pennystocks #stocks
Stock Forums
1 Aug 15 18:35:24
DNAX DNA Brands Inc. 52Wk Low http://t.co/hVVLjW1eGF $DNAX $AAPL $FNMA $ARCB #DNAX #investing #stocks
Stock Forums
1 Aug 15 18:35:21
BAS Basic Energy Services Inc. Stock Message Board http://t.co/7zJEk3d4Dw $BAS $OIH $AAPL $UNH #BAS #stock #stock
 smoothblink·com
1 Aug 15 18:35:20
RT @CNNMoney: iPhone vs. Android: Which is better? We break it down for you http://t.co/8RV0B1t3v6 $AAPL $GOOGL http://t.co/DN0ekmqGDx
DennyT
1 Aug 15 18:35:19
CELG Celgene Corp. Volume http://t.co/Yb9ebwnNqY $CELG $AAPL $XLU $MEET #CELG #pennystocks #finance
Investors Hangout
1 Aug 15 18:35:14
BRZU Direxion Daily Brazil Bull 3X Shares Market Cap http://t.co/M3aVq9qTe7 $BRZU $AMBA $AAPL $XLB #BRZU #finance #finance
Russell Barbour
1 Aug 15 18:35:13
Fous4x2 #daytrading DVD review: http://t.co/snAHJttnJf $AAPL $FXCM $HIMX $ASPS $AAL $CELG $SCTY $EOPN $DEPO $PCP
Iraq Church
1 Aug 15 18:34:57
RT @CNNMoney: iPhone vs. Android: Which is better? We break it down for you http://t.co/8RV0B1t3v6 $AAPL $GOOGL http://t.co/DN0ekmqGDx
LoneWolf
1 Aug 15 18:34:24
$AAPL Daily Analysis http://t.co/sbo38Izn4j, $AAPL http://t.co/yYGFLJK0RQ
The Stock Professor
1 Aug 15 18:34:23
Dr. Dre Announces Aug. 7 Release Date for New Album, 'Compton': http://t.co/nFPPr1lphG $AAPL $GOOG $PCLN $K
Stock Forums
1 Aug 15 18:33:34
BECN Beacon Roofing Supply Inc. Last Price http://t.co/SvE6ajwjsw $BECN $FXI $AAPL $MNST #BECN #stock #stock
IH News Desk
1 Aug 15 18:33:34
BRZU Direxion Daily Brazil Bull 3X Shares Summary http://t.co/AhIp5JKzad $BRZU $MRK $C $AAPL #BRZU #invest #share
IH News Desk
1 Aug 15 18:33:05
BIEL Bioelectronics Corp. Financials http://t.co/NkAuQdJ0cx $BIEL $ASHR $JNUG $AAPL #BIEL #finance #stockmarket
Investors Hangout
1 Aug 15 18:32:38
ASHR db X-Trackers Harvest CSI 300 China A-Shares Fund Dividend http://t.co/syCzrxCLjb $ASHR $AAPL $SSO $KITE #ASHR #stock #share
leahanne
1 Aug 15 18:32:33
AAPL Apple, Inc. Last Trade http://t.co/Hw7MOLUsWO $AAPL $FOLD $ARCB $MU #AAPL #tradeideas #tradeideas
DennyT
1 Aug 15 18:32:33
AMZN http://t.co/mxl5XEf0Hg, Inc. P/E Ratio http://t.co/UcjMh2LVol $AMZN $XLF $VNQ $AAPL #AMZN #invest #finance
Emylers
1 Aug 15 18:32:20
AAPL Apple, Inc. Ideas http://t.co/eqYzxRoTsr $AAPL $FIX $XLK $WFM #AAPL #investing #invest
jim50
1 Aug 15 18:32:11
AAPL Apple, Inc. Stock Forum http://t.co/VEOsE2BYsh $AAPL $FIX $MTVX $IBB #AAPL #stock #pennystocks
IH NASDAQ OMX
1 Aug 15 18:32:11
AAPL Apple, Inc. P/E Ratio http://t.co/sRRYMEPcwA $AAPL $ANAC $NKE $MNST #AAPL #pennystocks #tradeideas
nasdaqfan
1 Aug 15 18:32:10
AAPL Apple, Inc. Last Price http://t.co/mbDO586mFz $AAPL $OGXI $ATA.TO $IYR #AAPL #tradeideas #invest
Lucky Jimmy
1 Aug 15 18:32:07
AAPL Apple, Inc. Exchange http://t.co/88ji6LHmJE $AAPL $NVDA $NTGR $FLEX #AAPL #invest #finance
IH News Desk
1 Aug 15 18:31:07
$AAPL News Updated Saturday, August 1, 2015 9:10:29 PM $AOL $MYEC $JNJ $MNST http://t.co/vQaPs9XaaF
leahanne
1 Aug 15 18:31:06
AAPL Apple, Inc. Bid http://t.co/NoA8F73oF2 $AAPL $EXEL $BRWC $EWZ #AAPL #pennystocks #stocks
Stock_Tracker
1 Aug 15 18:31:06
AAL American Airlines Group Inc. Chart http://t.co/ldnJrMEiWg $AAL $SLV $AAPL $GNCP #AAL #finance #nasdaq
jim50
1 Aug 15 18:31:06
AAPL Apple, Inc. Day Low http://t.co/vJbzuN78Ig $AAPL $EGO $BGRIX $GREK #AAPL #share #investing
leahanne
1 Aug 15 18:31:05
AAPL Apple, Inc. E.P.S. http://t.co/VARWpQJXcP $AAPL $DYAX $DIA $BRZU #AAPL #investing #finance
nasdaqfan
1 Aug 15 18:31:04
AAPL Apple, Inc. 52Wk Low http://t.co/Bgg4WQYtHJ $AAPL $FAST $EGRX $AGT.TO #AAPL #investing #stockmarket
$tockWizard$
1 Aug 15 18:30:49
Cue the music... #dfs @NFL @DraftKings @FanDuel #nfl #football #stocks #trading $aapl $ua $nke #business #tech #trump http://t.co/b6HEdRY2hb
Ganado & cereales
1 Aug 15 18:26:49
RT @TheStreet: 10 times @Tim_Cook used his words to inspire millions http://t.co/WzDzgzPpDX $AAPL http://t.co/QKlK8wdE2X
Santosa Wong
1 Aug 15 18:26:45
RT @CNNMoney: iPhone vs. Android: Which is better? We break it down for you http://t.co/8RV0B1t3v6 $AAPL $GOOGL http://t.co/DN0ekmqGDx
Toye
1 Aug 15 18:26:31
RT @CNNMoney: iPhone vs. Android: Which is better? We break it down for you http://t.co/8RV0B1t3v6 $AAPL $GOOGL http://t.co/DN0ekmqGDx
Car Allen
1 Aug 15 18:26:28
RT @CNNMoney: iPhone vs. Android: Which is better? We break it down for you http://t.co/8RV0B1t3v6 $AAPL $GOOGL http://t.co/DN0ekmqGDx
W.H. Meanor & Assoc.
1 Aug 15 18:25:46
RT MobilePotpurri: Study: #Apple Ranked Most Recognizable #IoT Brand, With Google Least - https://t.co/43tOldA7x6 $AAPL $GOOG
Matt Rasband
1 Aug 15 18:24:22
RT @CNNMoney: iPhone vs. Android: Which is better? We break it down for you http://t.co/8RV0B1t3v6 $AAPL $GOOGL http://t.co/DN0ekmqGDx
Internet of Things
1 Aug 15 18:23:26
RT @MobilePotpurri: Study: #Apple Ranked Most Recognizable #IoT Brand, With Google Least - https://t.co/tr7M1o6APo $AAPL $GOOG
Apple News Outlet
1 Aug 15 18:23:22
RT @CNNMoney: iPhone vs. Android: Which is better? We break it down for you http://t.co/8RV0B1t3v6 $AAPL $GOOGL http://t.co/DN0ekmqGDx
sundeep madra
1 Aug 15 18:23:09
$aapl must drive some serious margin off over priced replacement cables .... smh http://t.co/itSBMbAH6h
James DiPlata
1 Aug 15 18:22:54
RT @MobilePotpurri: Study: #Apple Ranked Most Recognizable #IoT Brand, With Google Least - https://t.co/tr7M1o6APo $AAPL $GOOG
James DiPlata
1 Aug 15 18:22:54
RT @TickerLensAAPL: Nomura Begins Coverage on Apple (AAPL) http://t.co/KEGB1EXEqL $AAPL
James DiPlata
1 Aug 15 18:22:53
RT @HedgeBz: The Official Word On Those Apple Vans: They Are Real $AAPL http://t.co/9LGbq3F1KH
James DiPlata
1 Aug 15 18:22:53
RT @MoneyMarketzz: Our Penny Stock Picks Have Gained 3,600% In 10 Months! Get Early Access To Our Next Pick: http://t.co/xXdYdpAiFK $DO $AL…
				
				
  +Follow July 30, 2013 2:56PM
Share:

Comments

 

blog comments powered by Disqus

 Today's Must Reads

Beyond Twitter: 5 Small-Cap Tech Plays Nobody’s Talking About


Will the Fed Continue Its Track Record of Unprecedented Moves?

Facebook versus Google: Who Rules the Internet?

Are These the Worst Business Documentaries on Netflix?


Saving the

Small-Cap Market

 

Small-cap stocks offer investors many benefits, ranging from higher growth potential to overlooked value opportuni... in Equities.com's Hangs on LockerDome

About us

Equities.com is an advanced financial data portal and social network designed to connect self-directed investors with the world’s most innovative startup and small cap companies. Through our in-depth coverage of small cap markets, comprehensive research and stock valuation reports, state of the art issuer products, and world class events, Equities.com provides the social tools and insight that drive tomorrow’s investment relationships and opportunities.

Market Data powered by QuoteMedia.
Copyright © QuoteMedia. Data delayed 15 minutes unless otherwise indicated. Terms of Use.

Login or Register

LOG IN