So in the big bad city, and I assume elsewhere, it is not uncommon to hear about a snatch and run theft of an iPhone. Someone just grabs it out of your hand and runs off with it. My question is how does this work from a business model for the thieves? First of all, the devices has a GPS in it and can be found on "FindMyPhone". Second of all, it can be remote locked. But can't you also contact Apple and since the device has a unique identifying number, can't Apple also track and disable it? I've never clicked the "Lost Mode" or Erase feature but I assume that locks the phone and erasing it protects your data. But if you report your iPhone stolen, shouldn't Apple and the Cell Companies, if not help have police recover the phone, at least refuse to do business or connect a stolen phone? So what does the 20 year old who has grabbed a phone and run off with it do with the thing long term? Do they have to get hacked to become long term usable?