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Apple Has Recovered More Than A Ton Of Gold

Posted: 04.27.2016 no comments

 

Read the full article on http://www.huffingtonpost.com

 

Photo Credit: Neil Godwin/MacFormat Magazine via Getty Images)

Photo Credit: Neil Godwin/MacFormat Magazine via Getty Images)

“Helping the environment pays back — in Apple’s case, to the tune of millions. The tech company says it recovered more than a ton of gold from recycled devices last year — 2,204 pounds, according to Apple’s environmental responsibility report.

 

It came from Apple products that were either dropped off at stores or mailed in by consumers. Each iPhone, for instance, contains approximately 25 milligrams of gold worth about $1, according to a Forbes report. With gold selling for about $1,237.50 an ounce, Apple got back approximately $43.6 million last year and reduced its need to mine more gold from the Earth.”

 

Read the full article on http://www.huffingtonpost.com