Apple Store Opera in Paris robbed of $1.3 million worth of products on New Year’s Eve

“Armed robbers on New Year’s Eve got away with what initial reports said was some $1.3 million of products from an Apple Inc. store in Paris,” Robert Daniel reports for MarketWatch.

“The robbery, carried out by four or five armed and masked individuals, occurred in the late evening, about three hours after the store had closed, the reports say,” Daniel reports. “The store is located behind the Paris Opera House, while the police were largely deployed around the Champs Elysees, the traditional gathering place for New Year’s Eve, the reports say.”

Read more in the full article here.

40 Comments

  1. When was the last time a 1.5 million dollar cache of Samsung phones was stolen at gun point? That tells you everything you need to know about value and demand, the very things that will shame all the anti-apple short investors back into their false propoganda spin holes.

    1. For me, shorting AAPL has nothing to do with being anti-apple and everything to do with making money. I’ve been long AAPL when I believed it would rise and short AAPL when I believed it would fall. Nothing to read into there regarding my like or dislike of Apple.

    2. No wonder NY major blames Apple for crimes. I suppose whole world should find Apple accountable for some serious amount of crime rate.

      You just can not release such attractive products, it is a provocation of crime.

    1. according to Wikipedia article:

      France
      In France, to buy a weapon, a hunting licence or a shooting sport licence is necessary.
      Since 1939, guns are divided into eight categories :
      Category 1 : Military firearms ; According to French law, a military firearm is a weapon which has a gauge used by the army since 1880. Some of them are prohibited, for example, full automatic weapons, but semi automatic assault weapons or handguns are authorised. Examples of military gauges into category 1 : 9mm, 5.56 NATO, 7.62×39, 7.62 NATO, .45 ACP, .50 BMG, .50 AE.
      Category 2 : Military material
      Category 3 : Protections against military gas
      Category 4 : Civil firearms ; According to French law, a civil firearm is a semi automatic long gun with more of 2 rounds in magazine which don’t use a military gauge, or a handgun (pistol or revolver, including all magazine capacities) which doesn’t have a gauge used by the army. Examples of civil gauges into category 4 : .22 LR, .357 magnum, .44 magnum, .500 S&W.
      Category 5 : Hunt firearms ; All long guns which doesn’t use a military gauge, the manually operated long guns have a maximum magazine capacity of 10 rounds and the semi automatic long guns a maximum of 2 rounds.
      Category 6 : Knives
      Category 7 : Shooting firearms ; BB guns, etc…
      Category 8 : Historic firearms ; firearms which have been designed before 1880 and black powder guns. (Excepted the firearms using black powder metallic cartridges).
      France also sets limits on the number of cartridges that can be purchased per year, depending on the purpose of the gun. The total number of firearms owned by an individual is also subject to limits.[23]
      [edit]

    2. M … do you mean to say that those bally bandits not only stole $1.3 million of products from an Apple Inc. store in Paris, but the jolly rotters had illegal fire arms as well … scoundrels, the lot of them.

    1. The thieves don’t care if the phones are bricked or not. They’ll be selling “Brand New In Box” Apple products, and won’t let the buyers unseal the packages before buying.

      The weird thing though, is it’s a relatively small pay-out for such a high risk venture.
      If the haul is valued at 1.3 million retail, and the thieves can sucker buyers in for maybe around 60 % of that value, there’s a chance the thieves could make around $700,000. Divide that amongst 4 or 5 robbers, and each is taking home maybe as little as $140,000. Less if there’s a driver to cut in, and any other costs such as the guns, and hotels and get-away car, etc..
      Not a huge amount of money, and is it really worth the risk of acquiring guns and potentially going to prison for armed robbery?

        1. That’s a year’s pay for a degreed professional. And it’s tax free too!

          I would actually categorize this one as a low risk job – its not like this was a bank with serious/armed security on the premises. I’m surprised these guys were armed at all. Hitting on New Year’s Eve when all the cops are on drunk-wrangling duty was pretty smart, and indicates either professionals, or talented amateurs.

        1. Well, let’s not forget that although the french army folded up like a paper bag and their top general turned traitor, many french civilians showed outstanding bravery fighting the germans during the occupation.

        2. Those aren’t bad but one of the funniest French jokes I know is

          A: “What is difference between French poodles and Americans?”

          B. The poodles won’t bite the hand that freed them.

    1. I’m going out on a limb and guess they weren’t even French. May have been part of a Serb or Croatian organized crime ring that has carried out some pretty huge jewelry heists even Monaco.

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