"These items are small and expensive so if they get away with a few things in their hands they're very easy to transfer into cash," said Ventura County Sheriff's Office Cpt. Garo Kuredjian.
Three men, all wearing hooded sweatshirts were caught on surveillance as they entered the store and proceeded to snatch iPhones and laptops - then seconds later they were gone.
An all too familiar scene for law enforcement, just last month in Fresno -- four men made off with more than $30,000 worth of merchandise from the Fashion Fair Apple store.
In Costa Mesa a couple weeks later the same thing.
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And just two hours before the Thousand Oaks store was hit, more Apple products were stolen from another Apple store in Los Angeles.
Investigators are now trying to link the suspects to the same crew hitting Apple stores across the state.
"They're actually targeting these apple stores because of what they have and there's network in place to sell these on the secondary market," said Cpt. Kuredjian.
Minutes after the Thousand Oaks robbery officers tracked down the third suspect leaving the mall.
Three men were arrested, along with two women believed to be in the getaway car.
Four are from Northern California and the fifth suspect is from Fresno
"None of these suspects are from our area but obviously it's a profitable venture where they're traveling up and down the state doing this. If they went all the way to Los Angeles or Ventura County they may well be responsible for things in the Central Valley or Northern California as well," said Cpt. Kuredjian.