21.05.2020 Apple Daily Analysis

21.05.2020 Apple Daily Analysis

Apple today is trading at $319.23, it is trading higher with $6.09 mainly because Authorities in 23 countries across five continents have sought access to contact tracking technology from Apple and Google. Both companies announced on Wednesday as they released the initial version of their system, but authorities would have to stop requiring phone numbers from users under the companies' rules, one of several restrictions that have left governments fighting the novel coronavirus frustrated that the world's top two smart phone software makers undercut the technology's usefulness by prioritizing user privacy. Apple and Google said several U.S. states and 22 countries have sought access to their technology, but it is unclear how many will end up publishing mobile apps that use it. Apple and Google have said their system will more reliably use Bluetooth connections between devices to log users who are in physical proximity at least five minutes. Developers of contact tracing apps for Austria, Germany, and Switzerland told Reuters this week they were moving forward with the Apple-Google technology and were fine not knowing users' phone numbers. Other governments are hedging their bets. Norway plans to compare the effectiveness of its Smittestopp app with an Apple-Google-based app, Gun Peggy Knudsen, acting deputy director of the Norwegian Institute of Public Health said in an interview. This is, therefore, making Apple shares to trade higher today...