Er, iphones and other fancy smartphones are being stolen because they fetch hundreds of dollars from black-market wholesalers and unwitting craigslist buyers.

Er, iphones and other fancy smartphones are being stolen because they fetch hundreds of dollars from black-market wholesalers and unwitting craigslist buyers. Not because people don't use a PIN. Of course, using a PIN is a good idea in the event that the person who eventually gets possession is an identity thief.