Apple’s latest device, the iPhone x was released in about 50 markets across the world.

But some thieves appeared to be in waiting to ‘receive’ the shipment destined for a store in San Francisco, USA.

The thieves stole more than 300 iPhones worth $300,000 from a UPS track.

The thieves staked out the truck and grabbed a shipment, before it managed to deliver to an Apple store at the Stonestown Galleria shopping mall in San Francisco, according to news outlet CBS SF.

They broke in and took all the smartphones whilst the UPS driver was at Macy's making a delivery.

The thieves are still at large and police are asking for help in tracking them down.

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“A witness observed three unidentified suspects wearing hooded sweatshirts exit a white Dodge van," San Francisco Police Department Captin Rick Yick said.

"It appears the suspects knew what they were looking for."

The iPhone X retails for a minimum of $999, so 300 units would be worth a figure close to $300,000.

According to CNET, those who scheduled pre-order pickup at Apple Stonestown will still manage to get their iPhone X on time.

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