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Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?


To: sandeep who wrote (188968)3/19/2016 9:12:52 PM
From: Jeff Hayden2 Recommendations

Recommended By
Bill from Wisconsin
HerbVic

  Read Replies (2) | Respond to of 213172
 
A unique entry for one phone at a time? Or a backdoor for all phones?

If it's a unique entry, then Apple will be expected to process each request for how many phones per year? 100,000, 1,000,000, 100,000,000? Maybe Apple could charge $1,000 or more per request - that could be quite profitable or at least discourage requests. Or maybe Apple would generously give the keys to any requesting government?

If it's a backdoor for all phones, we iPhone users are screwed as the black hats swipe our charge card info.

I guess such rulings would affect all smart phone vendors.



To: sandeep who wrote (188968)3/20/2016 3:27:04 PM
From: Doren  Respond to of 213172
 
> It can't afford not to ship in China.

United they stand, divided they fall. Either Google/Apple/Microsoft all stand pat, in which case China would have to prohibit ALL phones and end up with a defacto fence around thier tech.

Or it'll be a domino effect. As soon as one caves the rest will have to cave.

Who knows what effect that will have long term on online commerce and banking. Obviously negative... the question is how much.

Security in online banking has probably already cost billions. I'm not too worried about buying stuff off Amazon, but I think twice about a tiny company. Same with my credit cards. I'm not worried at HomeDepot (too much) but I'm frequently amazed to see people pay for a few bucks worth of food from a local shop. Its cash with me at brick and mortars especially if I can't get a tax write off on the purchase.