Account Name on Devices Not Matching in iCloud

In iTunes I went to Account>iTunes in the Cloud>Manage Devices.  I noticed that the names for our iPhones are merely "iPhone".  (e.g., "John iPhone 5" is listed as "iPhone (iPhone)" in Manage Devices.)  The only way I can tell in Manage Devices which iPhone is which is by the date associated.
Shouldn't the name in Manage Devices match the actual name of the device?  If so, what must I do to make them match?
Thank you,
mucrick

Those are two completely different security systems, that control completely different functions of your devices. Imagine for comparison your city government knowing your house as lot 295 and fire team knowing it under street name and school system knowing it under last name of your kids. They all belong to Apple (government) but provide different functions.

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    Dear experts,
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