China's Huawei Backs Apple in Fight Over Encryption 1

China’s Huawei Backs Apple in Fight Over Encryption

February 22, 2016 PTdrivers 0

China's Huawei said it backed Apple's chief executive Tim Cook in his stand-off with the United States government over breaking into an iPhone, but stopped short of saying explicitly it would adopt the same stance.
“It is very important, we agree with that,” Richard Yu, chief executive of Huawei's consumer business group, told reporters in Barcelona gathered for the Mobile World Congress. “Privacy protection is very important for Huawei, we put a lot of investment into privacy, and security protection is key, it is very important for the consumer.
“Apple is resisting US government demands that it unlock an iPhone used by Rizwan Farook, who along with his wife, Tashfeen Malik, shot and killed 14 people and wounded 22 others at a holiday party in San Bernardino in December.
(Also see: Why Even the FBI Can't Hack the iPhone)
“Tim Cook spoke up for that (privacy) … for us it is really very important,” Yu said. “I think it's good letting the government understand ..

Apple's Growth Machine Is Finally Starting to Sputter 2

Apple’s Growth Machine Is Finally Starting to Sputter

March 1, 2016 PTdrivers 0

Apple has been corporate America's most ridiculously unbelievable growth story. And now it's over. Take a deep breath. Exhale. Get used to it.
Yes, the Apple we have come to know was a gravity-defying growth machine. Apple is the most valuable company in the world, yet it increased its revenue in the last 12 months by more than last year's sales at Coca-Cola. Apple rang up enough operating cash in the last year to buy 625,000 Tesla Model X cars – nearly one for each person in San Francisco. (I'll take blue with tan leather interior, please.) The company has given us so many eye-popping numbers that any feat short of Tim Cook colonizing Mars is underwhelming.
With the setup of high expectations, the most crucial numbers are now more low-Earth orbit than deep space. Unit sales of the iPhone for the three months ended Sept. 26 climbed 22 percent from those in the period a year earlier. Just a few months ago, Apple sold 60 percent more iPhones than it did a year before…