Earlier quoted context omitted.
Scarier than losing a company laptop?
which one is more likely? loosing a phone or a laptop?
Having never lost a phone or a laptop, I don't know.
While a phone is smaller, it's something most people check frequently, and typically notice if it's missing quickly.
Plus, don't most phones have email, which is almost as bad as the documents stored on a computer, because most of them are sent over email?