Apple Recovered $40 Million in Gold By Recycling Devices Last Year [Chart]

Apple Recovered $40 Million in Gold By Recycling Devices Last Year [Chart]

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Apple recovered nearly $40 million in gold by recycling device last year, according the company's Environmental Responsibility Report.

Apple recovered 2204 pounds of gold, well over a ton, through take-back initiatives. Business Insider notes that at $1229.80 per troy ounce of gold, that's worth just under $40 million. Other materials recovered include Copper, Zinc, Tin, Nickel, Silver, and more.

Recently the company unveiled Liam, a robot that can disassemble iPhones.

Existing recycling techniques, like shredding, only recover a few kinds of materials and often diminish their quality. So we invented Liam, a line of robots designed to disassemble 1.2 million phones a year, sorting all their high quality components and reducing the need to mine more resources from the earth. Liam prototypes are operating in California and the Netherlands. It’s an experiment in recycling technology, and we hope this kind of thinking will inspire others in our industry.

Take a look at the video below to see Liam in action...

clown - April 16, 2016 at 5:44pm
They may have recorded a $40 million boost. The article completely fails to include the cost to recover said materials.
Well - April 16, 2016 at 6:17pm
Well they earn 1-3 billion from reselling the good parts and 40 million from precious metals minus some millions to recover them. At the end they earn 1-3 billions :) The apple robot is fake animation to lure you to donate them 100-150$ worth of parts!! Check LIAMGATE at YouTube.
What? - April 16, 2016 at 6:18am
Bring back Rafi!
Dante033 - April 16, 2016 at 2:32am
The Terminators are coming!!!
WTF! - April 16, 2016 at 1:47am
Yes..... "Recycle your old phones responsibly but sending them to us for free" .... And then we'll make millions and make you feel good by "saving the planet." I cannot even believe people are so gullible. They follow Apple blindly!!!
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