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A new method of unlocking the iPhone baseband will be revealed at this year's Pwn2Own conference, with a new, and potentially malicious, feature: the ability to turn your phone into a spying device. Ralf Philipp Weinmann, a research associate at the University of Luxembourg, will be discussing a huge bug in the firmware of baseband processors commonly used on iPhones and Android devices at the CanSecWest conference in Vancouver, Canada, which begins March 9. However, there's no update on the arrival of a deployable iPhone unlock, whether or not connected to this exploit.
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Apple has just posted their Q1 2011 financial results. The company's results are not disappointing, they posted a record revenue of $26.74 billion with 7.33 million iPads sold, 16.24 million iPhones, 19.45 million iPods and 4.13 million Macs during the first quarter.