Thieves grab over 300 iPhone X units off delivery truck in San Francisco

The truck was delivering the iPhones to Apple Stonestown on Wednesday, CNET noted, citing a police report and TV station KTSF. The break-in is said to have been committed by three "husky" men driving a white Dodge van, between 11:15 and 11:30 a.m.

The UPS driver reportedly locked up the truck's cargo area, but a janitor took a photo of the suspects hauling boxes into their van.

The value of the stolen iPhones is estimated at $370,000. Each one had its description and serial number catalogued, which could potentially make them easier to track down, if not necessarily in time to prevent some buyers from being scammed.

The iPhone X is likely to be a high-profile target for both thieves and scalpers, owing not just to its $999 retail cost but its relative scarcity. One of the first legal purchases in Australia was by a man who intended to resell his phones at nearly double their normal price.

People who scheduled pre-order pickup at Apple Stonestown will still get their iPhone X on time, according to a CNET source.

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