Apple Inc. (AAPL) Is Target of 14% of NYC Crime in 2012

Apple Inc.Apple Inc. (NASDAQ:AAPL) products, as this past weekend has demonstrated, are a high-demand commodity. But so much so that people are willing to steal to get their hands on them? At least in New York City, it appears so.

As one commenter under a blog post said, this could be called “Apple picking” as the crime of the year in the Big Apple. Interesting, huh?

Anyway, Bloomberg is reporting that Apple Inc. (NASDAQ:AAPL) devices have been stolen at a much more increasing rate than a year ago, and have accounted for nearly one of about every seven major crimes in the city in 2012, based on statistics released by NYPD through Sunday. The department announced that Apple devices were the target of nearly 40 percent more crimes in 2012 than in 2011 and about 14 percent of all crimes in the City during the year so far.

What is most interesting about this report is that the Apple device crimes rose 40 percent from a year ago (to more than 11,000), the amount of overall crimes rose just 4 percent over a year ago (to nearly 80,000). These numbers, however, do not include a BMW driving through the window of an Apple Store in order to steal iPhones. That might show up in a LAPD report.

In the wake of the crime numbers surrounding Apple Inc. (NASDAQ:AAPL) devices, NYPD had stationed officers and each of the 21 Apple Stores in the city to protect customers and help them register their phones in case of theft. The department reported earlier this year that it used technology to help track down stolen iPhones and catch the criminals. Department spokesman Paul Browne said in an e-mail, “Our emphasis on prevention and investigation of Apple thefts stems from the fact that they are a magnet for crime, including robberies, driving the spike we’ve experienced this year.”

A magnet for customers and a magnet for crime? Maybe that is something that Apple Inc. (NASDAQ:AAPL) investors – like hedge-fund manager David Tepper of Appaloosa Management LP – may not want to hear.

Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

Most Expensive Summer Camps

Most Expensive Animals in the World

Most Expensive Specialty Crops in the World

Movies That Took Ages to Make

The Longest Hollywood Films Ever Made

Most Expensive Concert Stages

The Richest Bands of all Time

10 Most Corrupt Countries 2013 List

10 Countries with the Highest Quality of Life Index

Most Expensive Mattresses in the World

5 Smallest Countries by Land Area

The Ultimate Heartbreak Songs

Richest Teenagers in the World

10 Most Haunted Places in America

10 Best Places to Retire in Florida East Coast

Top 10 Places to See Before You Die

Top 8 Countries in the World Where Justice Prevails

10 Richest States in America

15 Wealthiest Countries in the World

Richest Singers in the World

Most Expensive Tasting Menu in New York City

Most Expensive Baby Items in the World

Most Expensive Hotel Suites in Vegas

Most Expensive Brunch in New York City

Most Expensive Beef Cuts in the World

25 Best Colleges to Get a Job

Top 10 US Supermarkets

The 25 Most Dangerous Cities in the World to Visit

Most Expensive Xbox Games

Top 11 Cities Where Billionaires Live

Top 10 Most Charitable Companies in America

Most Expensive Seafood in the World

The 10 Wildest Conspiracy Theories

The 10 Best Job Markets in the US

Top 10 Accounting Scandals of All Time

The 25 Biggest Cities in the World

Top 10 Best Paying Virtual Jobs

Most Expensive Leather Shoes in the World

Top 6 Things to Buy in March

The 10 Most Stressful Jobs in America – 2014 List

Top 10 Jobs for Introverted People

Top 10 Honeymoon Destinations in the World

Top 10 Highest Paying Jobs in the World

Most Expensive Day-Care in New York City

The 10 Cheapest Places to Retire Abroad

Top 10 Most Expensive Luxury Cars in the World – 2014

Killer Small Business Ideas

The 50 Best Personal Finance Blogs

Most Expensive Apartments in New York City

Bloodiest UFC Fights Ever Fought

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!