Tim Cook: Unlocking iPhone ‘bad for America’ – CNBC

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A Piper Jaffray survey of 1,000 consumers found that 24 percent viewed Apple more favorably in light of the dispute, while 23 percent had less favorable opinions. The rest were either indifferent or unaware of the story.

“If you use that as a leading indicator, even though this is a great topic to discuss, it ultimately probably is going to have little impact,” Piper Jaffray senior research analyst Gene Munster told “Squawk Alley” on Thursday.

In the long term, a court decision in the FBI’s favor could affect all device makers, he said. If Apple is forced to limit its security measures, it could lose a selling point that differentiates it from its competitors, he added.

Cook warned in a letter to customers that the tool the FBI wants Apple to create is the “equivalent of a master key, capable of opening hundreds of millions of locks.”

Former FBI executive assistant director Shawn Henry said the agency only wants Apple to create the tool for one instance and noted that companies keep secret source code and proprietary data.

“I think to say that hundreds of millions of iPhones might be susceptible, that implies — understandably and rightfully — that the public doesn’t want government to have this capability … indiscriminately,” Henry, now chief security officer for CrowdStrike, told CNBC’s “Squawk on the Street.”

“I don’t think that’s the case here,” he said.

Tim Cook: Unlocking iPhone ‘bad for America’ – CNBC