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Industry News Updates Below...
APPLE TO RELEASE IOS 6.1.2 ‘EARLY NEXT WEEK’ TO PATCH MAJOR SECURITY HOLE
Apple fans worried about someone breaking into their iPhones may only have to sweat it out for a few more days. Unnamed sources have told German iPhone fan siteiFun that Apple will “likely” release a major security patch for iOS 6.1 sometime next week. As9to5Mac notes, these same sources had previously told iFun the correct release date of iOS 6.1.1, so the website has accurately reported information on iOS updates in the past. A user on Wednesday uncovered a major security hole in iOS 6.1 that makes it incredibly easy to bypass the iPhone’s unlock screen pass code. Apple acknowledged the problem and said it was working to patch the vulnerability as quickly as it could.
SAMSUNG TO REPORTEDLY TAKE ON BLACKBERRY WITH NEW ENTERPRISE PLATFORM
More bad news for struggling vendor BlackBerry emerged on Friday as a report surfaced suggesting Samsung (005930) is planning to enter the enterprise space. Boston-based brokerage firm Detwiler Fenton said in a note on Friday morning that Samsung plans to unveil a new enterprise platform at the Mobile World Congress trade show later this month that will compete with BlackBerry’s next-generation BlackBerry 10 operating system. No other details were provided, but the news comes as a huge blow to BlackBerry considering its reliance on the enterprise market. BlackBerry shares were trading down more than 2.5% on the news.
NOKIA MAY FOLLOW APPLE AND DUMP SAMSUNG AS SUPPLIER
Samsung’s rise as a top smartphone vendor may be costing it business as a component supplier. An unnamed hardware industry source told AppleInsider that Nokia may be planning to follow Apple’s lead in dropping Samsung as a supplier for smartphone parts to avoid boosting a company that has become a top competitor. While Samsung seems capable of surviving the loss of Apple’s business, losing Nokia could put a squeeze on the company since Nokia is still the second-largest mobile phone vendor in the world. On the other hand, Samsung seems to think it can make up for lost business simply by supplying parts for its own Galaxy S and Galaxy Note devices, both of which have become premier smartphone brands and are some of the best-selling devices of the past year.
Technology news sites are set aflutter any time they catch a whiff of a potential new product from Apple (AAPL), but the latest rumors might not be exciting for the reasons you think. Reports this week from The New York Times, The Wall Street Journal and Bloomberg have renewed chatter surrounding a possible “iWatch” in development at Apple, and some industry watchers think it might be just what the company needs to remind investors that it can still innovate. As Sector & Sovereign Research analyst Paul Sagawa notes, however, even a very
successful iWatch launch would barely be a blip on Apple’s revenue radar.
Sagawa believes that the most likely explanation for Apple and Google’s newfound interest in smartwatches and wearable devices is simply experimentation. “Building an attractive smartwatch will take innovations to make the electronics small enough, power efficient enough and flexible enough to fit comfortably on a wrist, run familiar apps and relay information from a smartphone for at least a full day,” the analyst wrote. “In this context, a connected smartwatch need not be a multi-billion-dollar business to be valuable.”