Apple’s enormous cash hoard grew to $237.6 billion in the fiscal fourth quarter, up $6.1 billion from the previous quarter.

If the company’s massive cash pile was its own company, it would be the seventh largest in the S&P 500 and the fourteenth largest public company in the world.

Read the Full Article: Source – CNBC
Time For Truth: (CNBC) – Apple's cash hoard swells to $237.6 billion, a record

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It doesn’t matter whether you added your fingerprint to your iPhone – it’s still trivially easy for anyone to get past the login screen and access your emails and photos.

The International Business Times reports that for just £120, anyone on the internet can buy specialist hardware that lets them hack into even the newest iPhones.

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“We have enormous computing power in the US government, but we need to be able to bring it to bear without the phone killing itself.”

In the FBI’s court order requesting Apple’s assistance in unlocking the work iPhone 5c used by the San Bernardino shooter, the bureau’s first and most urgent demand is that Apple disable the iPhone’s “auto-erase” security feature. This feature (which is not enabled by default on most iPhones) protects user data on a device from would-be snoops by wiping the phone after 10 failed passcode attempts. This protects you and me from thieves trying to guess our passcodes and access our data for identify theft, for example.

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