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

  +Follow July 30, 2013 2:56PM
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.

Results for aapl
Brian Joseph
17 Apr 14 11:32:45
$AAPL Brent Simmons on Build 2014 http://t.co/birm8z4hGQ Forum: http://t.co/aqOcZ0cSvD
17 Apr 14 11:32:35
RT @BlueFielder: $AAPL : trade is working much better than I expected possible 1000%’r > Killer!
Guru Algo Trading
17 Apr 14 11:32:11
@CNBC RT $AAPL 11.55 pts above its FV, P/T 514 #NextTrade #Stocks $PCLN $AMZN $NFLX $GOOG $TSLA $FB $BBRY $GLD $QQQ
The Good Trader
17 Apr 14 11:32:05
$AAPL Video Flashback: Steve Jobs and Scott Forstall following the intro of the iOS SDK http://t.co/72ciCCw2nf
Guru Algo Trading
17 Apr 14 11:31:34
@CNBC RT $QQQ Algo triggered SELL @ 14:25, P/T 85.40 #NextTrade #Stocks $PCLN $AMZN $NFLX $GOOG $TSLA $FB $AAPL $BBRY $GLD
17 Apr 14 11:31:20
Go $AAPL great lift!
Sky Hunter
17 Apr 14 11:31:05
$PEP #Stock Market Reports on stocks like $LRY $OSK $AAPL #liquidity http://t.co/tlH2Z86Esm
AAPL Stock Ticker
17 Apr 14 11:31:04
#Apple stock update - $AAPL: $527.65, up 8.64 (1.66%) on Thu Apr 17 2014 at 14:31:01 EST http://t.co/w4IphOZzAl
17 Apr 14 11:30:51
$AAPL : trade is working much better than I expected possible 1000%’r
jim slater
17 Apr 14 11:30:35
RT @ReformedBroker: $AAPL is a second half story. The second half of the 21st Century.
17 Apr 14 11:30:17
The PWS Poll Results for $AAPL, 4/21/2014, are: 87% up. See more at: http://t.co/6b39jqQvfm, @PWSTSupport
Warren Neill
17 Apr 14 11:30:09
Buyers have been in total control of $AAPL all day. Can't remember when it last closed above max pain on expiry day
AAPL Stock Alerts
17 Apr 14 11:30:04
Apple Is Significantly Undervalued - Shares Are Worth North Of $650 http://t.co/98b8ZLvVUo $AAPL
17 Apr 14 11:30:03
$AAPL - Does Yahoo want to be Apple’s mobile search engine? -> http://t.co/yL7pavbnFk #stock #stocks #stockaction
Guru Algo Trading
17 Apr 14 11:29:54
@CNBC RT $QQQ 93 bpts above its FV, P/T 85.40 #NextTrade #Stocks $PCLN $AMZN $NFLX $GOOG $TSLA $FB $BBRY $GLD $AAPL
Destiny Investments
17 Apr 14 11:29:53
Fav stocks: $FB $NFLX $AAPL $GOOG $SCTY $TSLA $TWTR $DIS $AMZN plays. $FB #1 - 80s trgt & $SCTY #2 - 90s trgt .Ask cause some need pullback
17 Apr 14 11:28:52
$AAPL Biggest trade today buyer of 1,600 July 560 calls for $7.90; Over $1.2 million bullish bet
17 Apr 14 11:28:25
RT @bo3bo32: $AAPL $GOOG $IBM $CMG $FB $TSO $tso 1200% http://t.co/BDCvV8K7Il
17 Apr 14 11:28:15
RT @bo3bo32: $AAPL $NFLX $GOOG $YHOO $INTC $FDX $FDX 1000% WaaaaaaaW http://t.co/YlxTwPWqVU
Jaime H Vicente
17 Apr 14 11:28:15
$AAPL Star of the day, running for the #Roses
17 Apr 14 11:28:05
RT @bo3bo32: $DJI $AAPL $GOOG $NFLX $PCLN $QCOM 850% http://t.co/hGajehXxoT
17 Apr 14 11:27:41
DRJ VIDEO- Big move in $AAPL, $NFLX upgraded & paper flowing into $THC. @Optionmonster reports $$ http://t.co/P9AHzX3SA7
17 Apr 14 11:27:06
$AAPL - Whats That Song? Apples iOS 8 May Be Able to Tell You. -> http://t.co/YxyY0CZXBN #stock #stocks #stockaction
Fausto Tilley
17 Apr 14 11:26:55
Are you hanging on to $HRS $UNT $MAA $AAPL Click http://t.co/hEWfhBlzxo
Early Global #News
17 Apr 14 11:25:41
Facebook Adds ‘Nearby Friends’ To Let You Know Where The Party’s At:   Facebook announced ... http://t.co/jVR0GMXeNM #stocks #news $aapl
17 Apr 14 11:25:26
$AAPL - [video] Analyst thinks Apple to boost buyback -> http://t.co/U3iUJynBbG #stock #stocks #stockaction
Arnulfo Adamson
17 Apr 14 11:24:59
$MSI Great #Stock Newsletter on $PNC $CNA $AAPL #singedinvestor http://t.co/miLyheV9I2
S. S.
17 Apr 14 11:24:16
$AAPL the world realizes finally great ERs here, and mediocre in GOOG
Leighton Cameron
17 Apr 14 11:23:59
#Stock Watchlist. Dont be left behind $BEAV $AAPL $AMZN $RAX View now http://t.co/13Wf6oPgUx
17 Apr 14 11:23:57
@boogidown // congrats, nice print. I bailed early and missed on the big money. Keep the tips coming you read $AAPL like a crystal ball!!!
Wall Street Stocks
17 Apr 14 11:23:19
#Stocks you might want to hold onto $UPS $WU $HSH $AAPL Goto http://t.co/iAzMdElICS
Apple News $AAPL
17 Apr 14 11:23:04
$AAPL Briefly: RunKeeper's new Breeze app, Beamer 2.0 http://t.co/ny0Ru8f9FA @MaximumPenny
Clint McKidd
17 Apr 14 11:22:53
Whats going on with $LMT $NKE $RPAI $AAPL #NSE http://t.co/O6MlrmNPNN
17 Apr 14 11:22:02
$AAPL probably has more to go next week: http://t.co/BAEpQDxL02
17 Apr 14 11:22:00
$AAPL & $TWTR is back
FI Trading Apple
17 Apr 14 11:20:13
New Apple Retail Chief’s Departure from Burberry Possibly Delayed $AAPL ​​​#aapl http://t.co/KqUC9moCze
17 Apr 14 11:19:33
$AAPL -- profit taking and most likely now will close in the 523.24 area
Stock News 24
17 Apr 14 11:19:02
$AAPL - Apple to Incorporate Shazam Into iOS -> http://t.co/p422r2WSQf #stock #stocks #stockaction
Lars Meath
17 Apr 14 11:18:02
Looking for more info on $DVA $SNDK $BLL $AAPL #financial http://t.co/lALJsm392u
Cortez Kinlan
17 Apr 14 11:16:09
#Pennystock Research on $WMB $SCCO $LPLA $AAPL Must see http://t.co/rH1hm1yuof
brad franklin
17 Apr 14 11:15:33
Texting might make Apple wallet app Passbook worth a damn $AAPL #sms #mobilePayments http://t.co/zsMN1lkKmy
Penny Stock Pimp
17 Apr 14 11:14:51
OMFG!! http://t.co/uqztHlmVwb new pick coming! $UTRM $FROZ $TTDZ $MINE $ERBB $MYEC $FITX $SPLI $FRTD $AAPL $GOOG $FNMA $MONA $BCCI #wolfpack
17 Apr 14 11:14:38
@PhilMuscatello: $efii interesting that Ben Reitzes from Barclays $aapl doesn't cover efii but asked the first question on $efii cc.
17 Apr 14 11:13:36
$AAPL: sold short 50 weekly 560c @ 1.20
17 Apr 14 11:12:52
@Shaun_Baksh $250.00 on $AAPL 525CALLS 19APR14 at the open of markets would have flatten my position AAPL505PUTS 19APR14-AAPL510PUTS 19APR14
17 Apr 14 11:10:07
$AAPL Seems like accumulation all day. Early stage: SO Expect the Unexpected! http://t.co/HfnB6igqXf
Brenden Black
17 Apr 14 11:09:19
#Stocks to hold onto $LVLT $ISCA $EMR $AAPL #financial http://t.co/6vPVZKkO94
Pike Dean
17 Apr 14 11:09:11
$NEM Get more info on $MSCI $NWSA $AAPL #personalfinance http://t.co/6K2bh6h40P
Mendy Feliciano
17 Apr 14 11:08:00
$HAR Top Performing #Stocks today $LMT $SYY $AAPL #NASDAQ http://t.co/mHsFvMZkgn
17 Apr 14 11:07:33
I hate to admit it, but I did see $AAPL's rally coming y'day and didn't hedge my position... #Greed comes in many shapes and sizes...
  +Follow July 30, 2013 2:56PM



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