No, it exists to prosecute those who break the law, such as is the case being investigated currently. You people are angry at the wrong corporation (Apple), you really should be angry with the Police force, because you know that we wouldn't get the same attention. But that doesn't make Apple the bad guy, it just means that our police force sucks. I would want the same attention if my property was stolen. It seems the police is only interested in doing their due diligence when there is a risk of them looking bad. So much for protect and serve, which has slowly been degrading for a long period of time now.
When one entity uses its clout to get special treatment, the fault lies with the one doing the pushing AND the one taking the push. I blame Apple and the legal system. Apple shouldn't be bullying, and the legal system shouldn't be bending over and handing Apple a bottle of KY.
It has everything to do with it! If you report that someone stole your knitting needle that you bought for $1 at the corner store, the police won't care. If you report a one of a kind $10000 diamond was stolen, they will care. The value of the object stolen, or the value of the damage done, has everything to do with theft and robbery.
The bonus to this is that IP has value that can not be returned. The cost of making the prototype is nothing to Apple. It's the IP that is of value. And this has the added bonus of bordering on espionage, not petty theft because someone needed to score some crack.
And therein lies one of the many many problems with this absurd concept of "intellectual property." The phone itself cost maybe a few hundred to make, but Apple can make up whatever number they want to and claim it as potential lost sales because their "intellectual property" was stolen.