There’s a lot of reasons iPhones are specifically targeted for theft. Besides China being a giant hub for fences.

• There are FOMO people who want one for cheap… and almost new. Just like their hankering for Louis Vuitton bags and Gucci scarves.
• There are those who want parts for repairing other iPhones.
• There are those who buy them en masse for their scam and spam farms.
• And in some places and for certain groups, it’s safer and more profitable than selling meth.