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iPhone 5S to have fingerprint technology in home button?

Apples AuthenTec technology acquisition a few months back raised some eye brows and excited the pundits to say the least. AuthenTec specialized in fingerprint technology, which spawns a few rumors with a side of wishful thinking among the community. Could Apple be planning to do away with on screen passwords as we know it?

According to an analyst by the name of Ming-Chi, we are all in for a treat later this year as Apple puts their newly acquired finger print technologies to work in the upcoming iPhone 5S. Although none of this has been confirmed, and we are running away with an analyst made story once again, I have to admit, fingerprint security in the home button would be a game changer.

This would solve a ton of silly issues, mainly theft. If they could find a way to hard core that technology to the hardware level as opposed to just the OS, even if a theif were to wipe the device, they would still be stuck! I could also imagine Apple allowing you to add up to 3 recognized prints, all the while getting rid of the old school passwords as we know them. What do you think?!