Apple Makes Millions In Gold Collected From Old Devices

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Your trash can eventually become Apple’s treasure.

Apple says it pulled tens of millions of dollars worth of gold from old broken and unwanted iPhones last year.

The company released its annual environmental report this week.

Apple said it has recovered more than a ton of gold, $40 million worth out of recycled iPhones, iPads and Macs.

Three million pounds of copper and 6,600 pounds of silver was also reclaimed.

Apple has been ramping up its recycling programs in recent years.

While gold made up a tiny amount of the reusable materials apple said it’s recovered, it currently trades for more than $1,200 per troy ounce.

That puts it among the most valuable reclaimed materials.

Copyright 2020 Nexstar Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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