Friday, July 27, 2012

Apple Inc.(NASDAQ:AAPL) to bring fingerprint security to its products

Apple Inc. (NASDAQ:AAPL) is up 1.25% after the Company announced that it will pay $356 million for acquiring AuthenTec Inc., a maker of fingerprint sensors and security solutions.

AuthenTec’s fingerprint sensors are already in application in PCs and other electronic gadgets, including mobile phones, whereas Apple’s new Mac also does not integrate this feature. Apple will now find it easy to integrate the fingerprint censors in its products also. The use of the security device will help the users of iPads and iPhones to make a more secure payment through their devices.

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Apple had previously been planning of embedding certain payment security application for its iPads and iPhones and with the acquisition of Authentec, its newly introduced feature Passbook will make the mobile payments a goal achieved.

The newly introduced feature Passbook is an iOS 6 component and lets users consolidate tickets, boarding passes and discount cards in one place. It will scan iPhone, iPad to check in for a flight, get into a movie, and redeem a coupon. The new Passbook device will be released by this Year end.

Apple had also launched its desktop operating system OS X® Mountain Lion which can be downloaded from the Mac® App Store. The most attractive of the new features is: iCloud integration which will help its users to keep their data updated at any point of time across their Apple products i.e. if the user starts with work on one of the Apple device then he can later on carry on from where he/she had stopped on ay other apple device he has.

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