Science & Technology
Science and Technology
Science and Technology
Tue, June 8, 2010
Mon, June 7, 2010 McAfee, Symantec, Research In Motion, Google and Apple
CHICAGO--([ BUSINESS WIRE ])--Zacks.com Analyst Blog features: McAfee Inc. (NYSE: [ MFE ]), Symantec Corp (Nasdaq: [ SYMC ]), Research In Motion (Nasdaq: [ RIMM ]), Google Inc (Nasdaq: [ GOOG ]) and Apple Inc (Nasdaq: [ AAPL ]).
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Here are highlights from Fridaya™s Analyst Blog:
Mobile Security a New Opportunity
As consumers continue to opt for smart phones and use them to get connected on the web, there is a growing concern regarding security. This seems to be opening up opportunities for Internet security companies McAfee Inc. (NYSE: [ MFE ]) and Symantec Corp (Nasdaq: [ SYMC ]).
McAfee has recently announced the acquisition of Trust Digital, which is expected to close by month-end. The company believes that the acquisition would help it build a position for itself in the growing smart phone segment.
Symantec has also been active on this front. Over the past two years, the company has been spending a considerable amount of money to strengthen its position in this upcoming market.
The smart phone eco system thrives on applications developed on the basis of the core operating system, such as Research In Motiona™s (Nasdaq: [ RIMM ]) Blackberry or Google Inca™s (Nasdaq: [ GOOG ]) Android. The basic operating system of the smart phone can be augmented by these applications, or apps, enabling users to play games, pay bills, shop and so forth.
The problem with these apps is that they are not always checked for compatibility and use. And while Apple Inc (Nasdaq: [ AAPL ]) and Research In Motion have vetting systems that test apps for malware, other phones that use the Android OS remain vulnerable, since Google does not have such a system. Moreover, even with the vetting system in place, there have been slips that have resulted in unauthorized recording of user data. Add to that the ease with which users can access these programs and we have a real problem.
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