Friday, December 17, 2010

Charged Insider Trader says even mentioning the prototype iPad codename K48 could get you fired

Recently four people were arrested in a probe into insider trading in tech companies. One of them Walter Shimoon worked in Flextronics which builds for Apple.  Apparently Shimoon was privy to various Apple trade secrets including that the new iPhone had two cameras, the iPad had none etc. Apple is well known for it's fanaticism on secrecy. Shimoon's revelations to the Feds sheds a glimmer on Apple's security policies. According to Shimoom if you worked for Apple you could get fired even if you just mentioned the codename of the yet un-released iPad which was K48. 


More on this by Larry Dignan at ZDnet
and by John Brownlee at Cult of the Mac.