Apple Follows Google's Lead Toward Password-Free Future With This iOS 17 API
Portfolio Pulse from Ananya Gairola
Apple introduced a passkey API for iOS 17 at this year's WWDC, following Google's lead in moving towards a password-free future. The Passkey API allows password managers like 1Password to create and use passkeys within native apps, offering a more secure and seamless user experience.

June 08, 2023 | 5:57 am
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Apple's introduction of the Passkey API for iOS 17 follows Google's lead in moving towards a password-free future, potentially increasing competition in the space.
Apple's introduction of the Passkey API for iOS 17 follows Google's lead in moving towards a password-free future. While this development may increase competition in the space, it is unlikely to have a significant short-term impact on Google's stock price, as both companies are working towards a common goal of improving user experience and security.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
Apple's introduction of the Passkey API for iOS 17 follows Google's lead in moving towards a password-free future, potentially increasing competition in the space.
Apple's introduction of the Passkey API for iOS 17 follows Google's lead in moving towards a password-free future. While this development may increase competition in the space, it is unlikely to have a significant short-term impact on Alphabet's stock price, as both companies are working towards a common goal of improving user experience and security.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
Apple's introduction of the Passkey API for iOS 17 follows Google's lead in moving towards a password-free future, potentially impacting Microsoft's position in the space.
Apple's introduction of the Passkey API for iOS 17 follows Google's lead in moving towards a password-free future. While this development may impact Microsoft's position in the space, it is unlikely to have a significant short-term impact on Microsoft's stock price, as all three companies are working together to support a new sign-in standard by the FIDO Alliance.
CONFIDENCE 70
IMPORTANCE 25
RELEVANCE 25
POSITIVE IMPACT
Apple's introduction of the Passkey API for iOS 17 follows Google's lead in moving towards a password-free future, potentially improving user experience and security.
Apple's introduction of the Passkey API for iOS 17 is a significant move towards a password-free future, which could improve user experience and security. This development is likely to have a positive impact on Apple's stock price in the short term, as it demonstrates the company's commitment to innovation and user privacy.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100