If you're iPhone or DROID was taken (let's be honest - nobody is stealing BlackBerry's anymore, heck, I can't even give mine away!), you probably stared up to the sky asking, "WHY DID THEY STEAL MY PHONE?" Chances are it wasn't because the thief, like in some action movie, needed your phone to receive the call that would prevent the end of the world. The thief saw the opportunity to grab a piece of technology that can be re-sold once you're information is stripped away.
At least that's what the police may tell you…
New research points to the growing underworld of cellphone trafficking, which is driven by the massive profits made by exploiting the cost difference between buying your iPhone at the Crossgates Apple store versus the Apple store in Beijing. The Huffington Post's Gerry Smith is publishing his series on the global underground trade in stolen smartphones. His article reads like a Hollywood action-drama movie script - full of twists, turns, and shady characters.
One stat that stuck with me is that "more than 1.6 million Americans were victims of smartphone theft last year… mobile device theft now make(s) up 40 percent of all robberies in major American cities." Think that is crazy? The cost of replacing stolen phones/devices is "estimated (to be) $30 billion each year." Wow!
This new trend makes your iPhone more valuable to theives than your car!