Apple believes in "telling you up front exactly what's going to happen to your personal information and asking for your permission before you share it with us," Cook wrote. The CEO said that users can opt out of sharing that information later, and that Apple does not chafe any personal information from Health, HomeKit, Maps, Siri, iMessage, the iPhone's call history, or iCloud with advertisers or any government agency.
Cook also promised that the company would provide an update about its privacy efforts at least once a year.
The letter echoes statements Cook made about privacy in a recent interview with Charlie Rose. The letter comes after concerns about iCloud security after hackers were able to gain access to personal celebrity photos, which Cook said was due to a phishing scam.
TheStreet Ratings team rates APPLE INC as a Buy with a ratings score of A+. TheStreet Ratings Team has this to say about their recommendation:
"We rate APPLE INC (AAPL) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, expanding profit margins and solid stock price performance. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook."