Apple Inc. (AAPL)-Palooza Continues How You Wouldn’t Expect

Page 1 of 2

Apple Inc. (NASDAQ:AAPL) was essentially a lot of glitz and glamour in its first day of the Worldwide Developers Conference (WWDC) in San Francisco Monday, which should be expected. The keynote address that kicks off the five-day Apple-palooza for established and budding developers, and that first address is the first opportunity for Apple to basically unveil all the new software and services that are due to come out in the coming months. This gives those developers an agenda for what they want and need to work on to ensure they get involved and engaged in the iOS or Mac OS ecosystems.

Apple Inc. (AAPL) to be Added to Several WisdomTree ETFsAmong all the Apple Inc. (NASDAQ:AAPL) glitz and glamour though – which was dominated by the emergence of iOS 7 and the introduction of OS X Maverick for laptop and desktops, along with an iTunes Radio streaming service – there seemed to be one little feature that was generally overlooked by conference attendees, but got the attention of prominent law-enforcement officers in the country.

These people have been fighting an uphill battle with iPhone and overall smartphone thefts; in some parts of the country, smartphone thefts  have made up as much as two-fifths of all street crime, with iPhones being a very popular target in New York.

In the last couple of years, several LEOs have written letters to the major handset manufacturers asking for their help to try to provide better security for smartphones so in the case that one is stolen, it can be more difficult to use and/or resell. At first blush, it seems that Apple Inc. (NASDAQ:AAPL) has taken a step toward improving smartphone security when it announced a new iPhone feature called an “activation lock,” which is apparently designed to make stolen smartphones inoperable and thus next to impossible to resell.

Resale is apparently the No. 1 motive of smartphone thieves, according to law enforcement, and there seems to be less interest in personal data that might be on the phones.

This new activation lock feature works if the phone is locked, disabled or otherwise wiped. Apple Inc. (NASDAQ:AAPL) instituted a lock that requires the smartphone owner’s Apple ID and password to reactivate a phone after it has been stolen or otherwise compromised. Upon learning of this new feature, San Francisco city district attorney George Gascon and New York state attorney general Eric Schneiderman said in a joint statement, ”We are appreciative of the gesture made by Apple to address smartphone theft. We reserve judgment on the activation lock feature until we can understand its actual functionality.”

While this sounds like a good step, is there more to this that we may not know about? What might be unintended consequences?

Page 1 of 2
blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

The Top 10 Gold Producing Countries in the World

The 10 Tallest Buildings in the World

The 10 Richest Stand Up Comedians in the World

The 10 Fattest Countries in the World

The 5 Best Summer Jobs for Teens

The 10 Most Religious Countries in the World Keeping the Faith

The 10 Most Educated Countries in the World

The 10 Most Popular Cell Phones in the World

The 10 Drunkest Countries in the World

The 10 Most Expensive Private Schools in the World

The 10 Smallest Countries in the World

Walking Dead Season 5 Spoilers You’ll Wish You Didn’t Know

The 10 Poorest Countries in the World

The 10 Greenest Countries in the World

The Top 10 Countries with the Highest Population in the World

The 10 Most Visited Countries in the World

The Top 10 Star Wars Characters in the Iconic Series

The 10 Most Expensive Android Phones in the World

5 Reasons Why The Illuminati Is Real and a Threat to Society

The 6 Scariest Halloween Costumes Ever Screamed At

The 4 Biggest Hedge Fund Managers in the World Today

The 15 Most Densely Populated Countries in the World

The 10 Biggest Tea Drinking Countries in the World

Top 6 Ways to Improve Your Checkout Process and Close Sales

The 5 Most Profitable Online Businesses You Can Start Today

The 20 Most Profitable Hospitals in the US

The 5 Most Profitable Home Businesses to Start

The 7 Teams that Will Win the Stanley Cup in 2015

The Top 10 Most Expensive Digital Cameras to Snap Stunning Shots With

The 10 Highest Quality Fast Food Restaurants In America Today

The 8 Best Halloween Decorating Ideas to Spook Up Your House

10 Marvel Women that Should Get a Movie Right Now

The 20 Best Remixes of Popular Songs that Will Make You Forget the Originals

7 Most Expensive Cities in the World

5 Least Expensive Cities in the World

10 Celebrities Who Believe In Scientology

10 High Margin Food Products to Build a Business Around

The 10 Most Expensive Clothing Stores in the United States to Get Decked Out At

The 5 Biggest Kickstarter Scams That Swindled Backers’ Donations

The 10 Most Expensive Boarding Schools In the World

50 Crazy Facts About Japan You Won’t Believe

Top 10 Least Expensive Hybrid Cars to Save the Planet With

The 10 Biggest ‘Gate’ Controversies in History

The 10 States with the Highest Nursing Shortages Leaving Their Hospitals Depleted

The 10 Best Value Investment Blogs that Every Investor Must Read

The 6 Cheapest Boarding Schools in Europe 2015

The 5 Most Expensive Cars To Insure in the World

The 10 Most Common Genetically Modified Foods

10 Self-Made Billionaires Who Came From Nothing

The 10 Most Expensive Cities to Live in North America

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!