Macworld.com – iPhone theft is a legitimate concern for many users—especially those in urban areas—and with 1.7 million iPhone 4s already in use around the world, you can bet that iPhone theft won’t be decreasing any time soon. While common sense and street smarts are often the best means of protecting yourself from iPhone theft, Anti Theft Alarm, by LOLer Apps, aims to protect your iPhone the same way you protect your car—with a really loud alarm.

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