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Apple recovered 2,204 pounds of gold from broken iPhones last year


Kman

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http://money.cnn.com/2016/04/15/technology/apple-gold-recycling/

"In its annual environmental report released this week, Apple said it recovered 2,204 pounds (more than a ton) of gold from recycled iPhones, iPads and Macs last year. That's $40 million worth."

^ That's 35,264 oz 

"Apple (AAPL, Tech30) said it also collected 23 million pounds of steel; 13 million pounds of plastic; 12 million pounds of glass; 4.5 million pounds of aluminum; 3 million pounds of copper; and 6,600 pounds of silver."

^ That's 105.600 oz of silver 

Help thread for members new to silver/gold stacking/collecting

The Money Printing Myth the Fed can't and don't money print - Deflation ahead, not inflation 

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Did they say how much it cost to recover this gold ?

How and where do they extract the metals ? Chemically I guess in some Bhopal like region ?

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13 minutes ago, Pete said:

Did they say how much it cost to recover this gold ?

How and where do they extract the metals ? Chemically I guess in some Bhopal like region ?

No idea, but apparently they have a new robot called "liam" that breaks down old iphones into their parts  individual parts to then extract the PM's etc from them 

 

Help thread for members new to silver/gold stacking/collecting

The Money Printing Myth the Fed can't and don't money print - Deflation ahead, not inflation 

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15 minutes ago, Kman said:

No idea, but apparently they have a new robot called "liam" that breaks down old iphones into their parts  individual parts to then extract the PM's etc from them 

 

Apple could be Skynet

14890_700x.jpg

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