Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nasdaq  >  Apple    AAPL

APPLE (AAPL)
Mes dernières consult.
Most popular
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

Apple : Chinese users worry about Face ID security

share with twitter share with LinkedIn share with facebook
share via e-mail
0
09/14/2017 | 04:00am CEST

Chinese netizens have expressed concern over the security of new iPhone's Face ID, as mobile payments become more and more prevalent in the country. Apple on Tuesday (US time) unveiled three phones, iPhone 8, iPhone 8 Plus and iPhone X in the Steve Jobs Theater in San Francisco.The iPhone X enables customers to unlock, authenticate and pay using Face ID."Face ID only unlocks iPhone X when customers look at it and is designed to prevent spoofing by photos or masks," said the company, adding that Face ID works also to securely unlock iPhone, enable Apple Pay, gain access to secure apps and many more new features.However, Chinese users are not yet thrilled by this high-end technology, as many said that it is not safe for users if they can unlock the phone with just looking at it."Imagine kidnappers or even strangers transfer all your money by just putting the phone in front of your face and force you to look at it," a user surnamed Tang in Southwest China's Chongqing Municipality told the Global Times. His concern was echoed by many others as mobile payment is becoming a trend in this country.They were wondering whether the Face ID is safe for mobile payment services, including the frequently used Apple Pay, WeChat Payment and Alipay.In a test video of iPhone X, Apply Pay can be activated simply by pressing the side bottom twice, and then payment will be completed after the scan of the user's face by the phone and then scan of the phone by the payment machine, news site eastday.com reported on Wednesday.According to a UN report published in April, China's total mobile payments in value have increased some 20-fold in four years to reach 20 trillion yuan ($2.9 trillion) in 2016, the Xinhua News Agency reported.Qin An, director of the China Institute of Cyberspace Strategy, told the Global Times that netizens' concern is reasonable as cases of biometric data theft have been growing in recent years. "Compared to the traditional code, biometric codes such as fingerprint and Face ID are safer because it is hard to replicate them, but also, it will cause permanent damage once the code is stolen because you cannot change your biometric data," said Qin.Other users quipped how people would unlock their own phones when their appearance has changed."Watch out girls, you may have to put up make up again if you want to unlock your new iPhone X in late night," said picture post circulating online on Wednesday.Some netizens also joked that people may need to continue dieting after they buy the new iPhone because if they get fat, they may fail to unlock the phone with their changed facial outline.

Apart from the security concern, many Chinese users are also disappointed with prices of the new iPhone X. The official prices for iPhone X in the Chinese mainland would be 8,388 yuan ($1,284.3) for one with a storage of 128 GB and 9,688 yuan for one with 256 GB.According to a poll started by Sina Shanghai on Weibo on Wednesday, 41,382 users voted that they would not buy the iPhone X as for press time, accounting for 81.1 percent of people participate the survey.

(c) 2017 Global Times. All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on APPLE
12:05a APPLE : CBFI to buy Imagination Technologies for 550 million pounds
09/22 APPLE : Watch Series 3 with cellular now available
09/22 APPLE : Quiznos mobile order, pay app receives half million check-ins
09/22 8'S A DATE : Apple, Samsung in another clash of titans at Gitex Shopper
09/22 APPLE : iPhone 8 sales start at etisalat and du tomorrow
09/22DJAPPLE : Why Slow iPhone 8 Sales May Be Good for Apple -- 2nd Update
09/22 ETISALAT : iPhone 8s to hit UAE stores on Saturday, September 23
09/22 MARKETS RIGHT NOW : Stocks end mostly higher
09/22 APPLE : Etisalat offers new iPhone 8 in UAE on Saturday
09/22DJAPPLE : Good News for Apple as iPhone 8 Sales Off to a Slow Start
More news
News from SeekingAlpha
09/22 THIS TIME IT MATTERS : Why Apple Is Falling
09/22 HEDGE FUND CROWDING UPDATE : Q2 2017
09/22 Tim Cook "thrilled" with iPhone, Watch launch day sales
09/22 Covering My Apple Short
09/22 TESLA : Wonders Of Crippleware
Financials ($)
Sales 2017 228 B
EBIT 2017 60 788 M
Net income 2017 47 347 M
Finance 2017 157 B
Yield 2017 1,54%
P/E ratio 2017 17,02
P/E ratio 2018 14,09
EV / Sales 2017 2,79x
EV / Sales 2018 2,32x
Capitalization 792 B
Chart APPLE
Duration : Period :
Apple Technical Analysis Chart | AAPL | US0378331005 | 4-Traders
Technical analysis trends APPLE
Short TermMid-TermLong Term
TrendsBearishNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 39
Average target price 171 $
Spread / Average Target 12%
EPS Revisions
Managers
NameTitle
Timothy Donald Cook Chief Executive Officer & Director
Arthur D. Levinson Chairman
Jeffrey E. Williams Chief Operating Officer
Luca Maestri Chief Financial Officer, SVP & VP-Human Resources
Kevin M. Lynch Vice President-Technology
Sector and Competitors
1st jan.Capitalization (M$)
APPLE32.44%792 294
HP INC32.08%33 021
HEWLETT PACKARD ENTERPRISE CO-20.61%22 332
SEAGATE TECHNOLOGY PLC-14.28%9 418
PEGATRON CORPORATION--.--%7 333
LOGITECH INTERNATIONAL42.91%6 409