• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Monday, May 12, 2025
  • Login
  • Register
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home News

Apple Earns $40Mn in Gold from Recycled iPhones Last Year

by Chinmay Bidkar
April 15, 2016
in News
Reading Time: 1 min read
0
Apple Earns $40Mn in Gold from Recycled iPhones Last Year

(pic-valuewalk.com)

TwitterWhatsappLinkedin

 

You might also like

FTC Pushes Back “Click-to-Cancel” Rule to July, Giving Businesses More Time to Comply

Microsoft to Introduce Screenshot Blocking Feature in Teams to Safeguard Sensitive Meeting Content

Trump Administration Ousts U.S. Copyright Chief Following AI Copyright Dispute

 

(pic-valuewalk.com)
(pic-valuewalk.com)

15 April 2016, USA:

The latest information indicates that the California-based company just raked $40 million worth of gold from used iPhones, laptops, tablets and a few golden smart watches. This thanks to its innovative recycling program that uses robots to recover the valuable parts from the millions of Apple devices discarded every year.

 

160415085648-apple-gold-recycling-780x439
Materials that were recovered from the scrap.

 

Ever since Apple launched its 18-karat gold case watch, speculation about the technology giant and its interest in acquiring large amounts of the precious metal has mounted.

Apple recovered last year over 61 million pounds of steel, aluminum, glass, and other materials, including 2,204 pounds of gold.

In its annual environmental report, released Thursday, Apple shed some light on the situation by disclosing some relevant numbers that reveal just how much the company is able to recover from old devices.

The document shows the IT firm got hold of over 61 million pounds of steel, aluminum, glass, and other materials, including 2,204 pounds of gold.

apple-materials-recovered
Estimated amount $40 million figure is based on current prices ($1,229.80 per ounce) and data from Fairphone, an activist group focused on electronics supply chains, which shows that the average smartphone contains 30 milligrams of gold, mainly in internal components.

Apple also said that last year it collected almost 90 million pounds of ewaste through its recycling programs, which works out as 71% of the total weight of the products the company sold seven years earlier.

 

 

 

Tags: AppleGoldRecycled Waste
Tweet54SendShare15
Previous Post

Huawei Launching Own VR to Compete Samsung’s Gear VR

Next Post

San Francisco to Require Lyft, Uber Drivers to Obtain Business Licenses

Chinmay Bidkar

Curious, Keen Observant & Dynamic! Chinmay finds peace in meeting people who work hard for humanity. He has new found interest in Gadgets and Techs and at Techstory he gets to write about it! Reach out at- [email protected]

Recommended For You

FTC Pushes Back “Click-to-Cancel” Rule to July, Giving Businesses More Time to Comply

by Harikrishnan A
May 11, 2025
0
FTC Pushes Back “Click-to-Cancel” Rule to July, Giving Businesses More Time to Comply

Consumers hoping for a smoother way to cancel online subscriptions will have to wait a bit longer. The Federal Trade Commission (FTC) has delayed enforcing a key rule...

Read more

Microsoft to Introduce Screenshot Blocking Feature in Teams to Safeguard Sensitive Meeting Content

by Harikrishnan A
May 11, 2025
0
Microsoft to Introduce Screenshot Blocking Feature in Teams to Safeguard Sensitive Meeting Content

In a world where virtual meetings have become the backbone of modern work life, protecting sensitive information shared on-screen is more important than ever. Microsoft is addressing this...

Read more

Trump Administration Ousts U.S. Copyright Chief Following AI Copyright Dispute

by Harikrishnan A
May 11, 2025
0
Trump Administration Ousts U.S. Copyright Chief Following AI Copyright Dispute

In a move that’s causing shockwaves across Washington and the tech world, the Trump administration has removed Shira Perlmutter, the nation’s top copyright official, just days after her...

Read more
Next Post
San Francisco to Require Lyft, Uber Drivers to Obtain Business Licenses

San Francisco to Require Lyft, Uber Drivers to Obtain Business Licenses

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at [email protected]

Advertise With Us

Reach out at - [email protected]

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook flipkart funding Gaming Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News NFT samsung Social Media SpaceX startup startups tech technology Tesla TikTok trend trending twitter US

© 2024 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2024 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?