Apple Inc. (AAPL) Stock Rumors – Will Your Next iPhone Know Your Face?

Here is your daily Apple Inc. (NASDAQ: AAPL) stock news and rumors for August 19, 2010. Of top interest to Apple fans is likely a new AAPL patent application showing off how future iPhones and iPads will verify user identity by facial, voice, and heartbeat recognition. In other news, Verizon (NYSE: VZ) may not be ready to talk about their CMDA iPhone, but they are ready to talk about two new streaming video apps for Apple’s mobile devices. Also APPL releases a graphics update for the Snow Leopard OS.

New Apple Patent Describes User Recognition Technology: A patent application from AAPL entitled “Systems and Methods for Identifying Unauthorized Users on an Electronic Device” was revealed by the U.S. Patent and Trademark Office this week.  The technology described in the patent would create a new security system for Apple’s mobile devices, including the iPhone line of smartphones and the iPad, that would have the device verify the identity of its user by scanning their face or by recognizing their voice. It could also use the heartbeat of whoever is using the device to verify if it’s the owner. The system would also detect unusual activity such as, according to the patent, jailbreaking, unlocking, hacking, or the removal of a SIM card. If an unauthorized user was detected using the iPhone or iPad, the device would attempt to contact the owner by email, text message, telephone call. The device would also be used to save personalized settings if the device in question was shared by multiple users.

Verizon FiOS Comes to Apple iPad With Streaming Video: While the world waits for the seemingly inevitable reveal of a Verizon iPhone they’ll at least be able to enjoy some Verizon services on a mobile device made by Apple Inc. Verizon announced yesterday that they’ll be releasing an app for Apple’s tablet computer, the iPad, that will allow FiOS subscribers to stream television content on their iPad through a home Wi-Fi connection. The app will use what Verizon CIO Shaygan Kheradpir called “cloud TV” and will launch early next year. Verizon also announced a new video on demand app called FlexView that will be available on Google Inc. (NASDAQ: GOOG) Android-powered phones, Research in Motion (NASDAQ: RIMM) Blackberry Storm, and Microsoft (NASDAQ: MSFT) Windows Mobile 6.5 phones, with a version for APPL’s iOS platforms to follow.

Graphics Update for Apple’s Snow Leopard Operating System: Apple made a new graphics update for their Mac OS X 10.6 operating system, known as Snow Leopard, available to software and video game developers in early August. This week, the update was made available to the general public. The major general fix that the graphics update brings to platforms running on OS X 10.6 is the resolution of an issue that caused image corruption when displays were either disconnected or reconnected to an Apple Mac or MacBook computer. The update more specifically addresses issues with private game developer Valve’s software. Valve recently launched their digital game platform and store, Steam, on Mac computers. The graphics update also stabilizes performance issues with Activision Blizzard (NASDAQ: ATVI) and its recently released Starcraft II.

As of this writing, Anthony Agnello did not own a position in any of the stocks named here.

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