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If you lost your iPhone or it was stolen it was just a worthless brick for the finder/thief. Think about what a big peace of mind that is! This changed now for older hardware.


It didn't, because the encryption keys are in the secure coprocessor.


Your data is protected, but the iCloud activation lock can be bypassed. Hence it no longer being a brick.


What's the market value of a phone that has to be put into firmware upgrade mode every time it restarts?


TBD. Check out eBay in the coming months, I’m sure a value will be determined soon. It’s definitely higher than what it is now (sold as scrap for parts)




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