iPhone News And Rumors: Apple Gained $40 Million From Recycled Gadgets

Recycling is undoubtedly a good environmentally-conscious practice for companies.

News Everyday 19 April 2016: Just recently, the Cupertino-based company has publicly announced how their gadgets recycling program allowed them to rake in (literally) almost a metric ton of gold from recycled devices and parts from electronic products like iPhones and iPads last year worth at an estimated $40 million as per its Environmental Responsibility Report.

Out of the 90 million pounds of trash that went through its e-waste recycling program, the Silicon Valley giant was able to extract 61 million pounds of reusable materials including gold albeit in relatively small amount. However, gold is currently worth $1,200 per troy ounce as per latest trading value in the market which makes the precious one of...read on.