The WSJ's Andrew Grossman reports (subscription required) that New York City's subway riders may be a bit too openhanded with their digital devices. According to NYPD statistics, grand larceny* incidents on the subway were up 18% year-over-year from January to March of 2011 (311 reports in total). Transit police brass attribute the spike in pilferage to increased theft of smartphones, and of course the most popular choice for thieves is the iPhone 4.
The article quotes NYPD transit chief Raymond Diaz on the increase: "We've been seeing an incredible trend of young people snatching these cellphones." Diaz also noted that thefts are l