Applejuiced
macrumors Westmere
you should be able to like brick the phone if its stolen or like completely shut it down and disable itunes from recognizing it so the thief wouldnt be able to use it.
then if they take it to the apple store, unless they have id that matches the info of the phone # its tied to, the store wont fix or will return to rightful owner or let them know
What makes you think Apple would want to do all that work for you instead of making more money with selling you another iPhone? In the end it's just a cellphone.