It is a real style statement with the latest phone and these days IPhone and Samsung Android platforms are the raze. They cost hell of a lot and you must take precaution to secure the same in event of mobile being stolen.
In order to ensure that you can track the Android based phone location; you can install Location tracker which comes with the help of the Where’s my Droid feature. This is a great feature which helps you locate your missing phone.
You have a facility to have pre programmed keywords and same can be used to activate the phone to sound an alarm or send you the details of its geographical location as and when those keywords are activated.