Masked Thieves Rob Flagship Apple Store in Paris

They used New Year's Eve celebrations as a distraction

By Christopher Freeburn, InvestorPlace Writer

Thieves took advantage of New Year’s Eve celebrations to break into Apple‘s (NASDAQ:AAPL) main store in Paris, making off with a hefty haul of technology products.

The incident happened around 9 p.m., hours after the store had closed for the day. It’s located behind the Paris Opera house, away from the Champs-Elysees, where revelers traditionally gather to ring in the New Year, the Associated Press noted.

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According to police, the theft was carried out by four masked thieves. A French newspaper said the armed thieves gained entry to the store by accosting a security guard.

While Paris police wouldn’t reveal the extent of the theft, French news sources claimed that as much as $1.3 million in goods were taken from the store, which retails popular Apple products, including iPads, iPhones, iPods and iMacs.

Last month, New York City police noted that crimes involving Apple products had risen more than 40% over the last year, pushing the city’s crime rate to an annual increase for the first time in two decades.

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