You can sell an iPhone you found after it's been factory reset although if it has been reported lost or stolen then you might get into trouble when someone tries to activate it and it's on the list of being lost or stolen.
If it's legally yours then you can sell the iPhone.
A lost iPhone can be unlocked by resetting the iPhone to factory settings which will wipe your data and information.
But other than resetting the iPhone to factory settings then the iPhone cannot be simply unlocked.
Apple does Brick stolen phones and devices.
If your Apple iPhone or other device is stolen and you have the serial number then Apple can use software to Brick the iPhone or stolen device which renders it useless.
Or if a law enforcement officer contacts Apple, as long as they have the serial number of the device, Apple can and will upon law enforcement request permanently brick the device and render it permanently useless through software.
Apple can disable a stolen iPhone so if you have an iPhone stolen you can have Apple use their software to disable your iPhone so it cannot be used.
An iPhone can be tracked while it's off with the find my network in IOS.
You can find your iPhone even if its battery is dead or if it is not connected to the Internet.
The 'Bluetooth location' feature by Apple enables you to locate an offline iPhone, as long as it is switched on.
Apple cannot track your stolen iPhone but if you have a tracking app installed on your iPhone then you can track the iPhone if it's turned on or by using the Find my network in IOS.
When thieves steal iPhones they will typically open up or break the phone and sell the parts from the phone.
Or if the thieves can make the iPhone operable and wipe your data then they may sell the stolen iPhone on places such as eBay or other places.
The police will make a police report on your stolen iPhone however usually nothing can be done unless your iPhone shows up somewhere and the police find out about it.
To be able to track an iPhone the iPhone tracking feature has to be set up so if your iPhone is unopened then it won't be able to be tracked.
An iPhone can be tracked whether it has a data connection or no data connection.
An iPhone can be tracked easily through various mapping apps that have the ability to track the location of your iPhone even without the Internet connection.
If you lose your iPhone with AppleCare and have AppleCare theft and loss protection then they will replace your iPhone but you may need to pay a fee.
You'll need to file a claim with AppleCare for the replacement of the lost or stolen phone.
AppleCare theft and loss is worth it if you cannot afford to replace your iPhone out of pocket in the event of theft or loss.
Both AppleCare+ options provide repair or replacement hardware service for your iPhone.
Depending on the plan you choose, you'll get up to two incidents of accidental damage protection and up to two incidents of theft or loss coverage every 12 months.
Each incident is subject to a service fee or deductible.
You can replace your old iPhone for a new one if you're a member of the iPhone upgrade program and you've made 12 payments.
If you're not a member of the iPhone upgrade program then you can still replace your iPhone for a new one but you'll have to pay out of pocket.
You should replace your iPhone every 4 to 7 years or when you think you need a new one.
Some people replace their iPhone every year or every few years and some only wait until 4 to 5 years.
For an iPhone you can expect somewhere between five and seven years of major iOS updates, plus potential security patches beyond that.
Your battery will decrease in performance over time, but as long as you have enough storage and keep your device from physical damage, it should last you a good amount of time.
Apple products do have insurance known as a warranty although the warranty coverage can vary from product to product.
Most Apple products come with a 90 day warranty.
You can get AppleCare within 60 days after purchase.
You cannot extend AppleCare after 3 years as AppleCare only covers you for up to 3 years.
However Apple allows you to extend your AppleCare+ coverage for Mac indefinitely, in one-year increments, after your initial three years of coverage have expired.
If you choose to extend your coverage, you'll automatically be billed annually for additional one-year extensions.
You can buy AppleCare after 2 years or just keep extending the AppleCare coverage for as long as you need too.
Your AppleCare plan coverage may continue beyond 24 or 36 months, on a monthly or annual basis, until canceled.
If you choose to continue coverage, your coverage will be subject to the then-current AppleCare+ Terms and Conditions.
Currently, you can buy AppleCare+ only within 60 days of your iPhone purchase.
Apple's new AppleCare+ policy, however, will require customers to pay repair costs first.
You can add AppleCare after it expires and it's best to add AppleCare within 30 days after your original coverage ends.
AppleCare is good for as long as you have it until you cancel it.
When you sign up for AppleCare it usually for 12 months but you can extend it and continue paying for Applecare and it's good until you cancel it.
The 1 year Apple warranty and standard Apple warranty does not cover cracked screens.
If you have AppleCare or AppleCare+ you may be able to get your cracked screen fixed buy may have to pay a service fee.
Apple will replace your phone for reasons which include.
General Damages and Issues.
Under warranty, Apple will cover debris under the screen, camera foam misalignment, and a single hairline crack with no evidence that a drop or hit made that crack. ...
The Apple warranty is for 2 years from date of purchase.
Every iPhone comes with one year of hardware repair coverage through its limited warranty and up to 90 days of complimentary technical support.
Apple will replace your phone if it's under warranty but Apples warranty does not cover damage caused by accidents or unauthorized modifications.
AppleCare covers theft or loss of your phone if you have AppleCare+ with theft and loss protection.
Both AppleCare+ options extend your coverage and provide up to two incidents of accidental damage protection every 12 months.
AppleCare+ with Theft and Loss adds up to two incidents of theft or loss coverage every 12 months.
AppleCare and AppleCare+ does not directly cover water damage to your phone or Apple Device.
However AppleCare+ will cover two instances of accidental damage from handling within a 12-month period, but those are both subject to service fees.
You will either have to get Apple to repair or replace the device so if you have AppleCare+ then you may be able to get the phone replaced within a 12 month period and pay a service fee which is usually $99.00
The difference between AppleCare and AppleCare+ is the AppleCare protection plan extends the warranty plan and phone support for Mac, Apple Displays, ands Apple TV.
While the AppleCare+ plan offers accidental damage protection on top of the extended warranty and support for iPhone, iPad, and iPod.
AppleCare+ does not cover theft or loss of your phone.
AppleCare+ only covers defects and accidental damage.
AppleCare+ covers up to two incidents of accidental damage every 12 months, such as liquid damage or broken screens, up from two incidents every 24 months previously.
For accidental damage incidents, there is a fixed deductible depending on the type of damage and the device.
The cost to replace an iPhone with AppleCare is $99.00
If your iPhone is covered by AppleCare+ with Theft and Loss, you can file a claim for an iPhone replacement.