$AAPL (9:36 AM EDT January 21): $318.09 (+0.48%) // More info
Yesterday’s big story about the lack of iCloud backup encryption sparked some great discussion. Dereck B. wrote, “I wholeheartedly disagree with your stance. Apple positions itself as a privacy-friendly company … So no, it’s not ok that they scrapped this project.” I certainly don’t think it’s simply okay that iCloud backups aren’t encrypted, but I do think there’s a case to be made that it was the right trade-off for the company. Feel free to jump in on our discussion on Twitter.