Via Wired. Summary for the video inclined - five guys smash the Apple store's window, grab all the hardware on the tables and run out in less than a minute.
The video, though, is worth it if only for the over the top news reporting. I mean these guys were "savvy enough to wear masks" - as if that's some kind of tip only professional thieves know. I guess I haven't been to an Apple store in a bit, but I thought all the hardware was tethered the last time I was there.
Another interesting angle is the iPhones. Is it possible to know on activation that it was one of the stolen ones?