Skip to main content

Apple just collected $40 million in recycled gold

apple recycling gold will drop plastic bags
Image used with permission by copyright holder
Just call Apple the modern day King Midas. Not only do the vast majority of its products seem to produce gold (if not turn into the precious metal), but the company also managed to turn quite a hefty profit in a recycling project. Leave it to the Cupertino-based firm to figure out a way to literally turn one man’s trash into treasure. A new report suggests that the company recovered 2,204 pounds (over a ton), of gold from recycled Apple devices. That includes iPhones, iPads, and Macs that were discarded over the course of 2015, and in total, the gold added up to an impressive $40 million.

It’s not that Apple is plating all of its devices in 24 karats, but rather that the metal is actually used in a variety of applications in consumer electronics. Due to its conductivity and aversion to corrosion, gold is often chosen over silver (the best conductor, but also highly corrosive), as well as copper (which is very cheap, but not a great conductor). As such, you can find a bit of gold in most the higher end electronic devices you have at home.

Sure, no individual Apple user has that much gold sitting in his or her electronics-laden household, but last year, Apple managed to generate some 90 million pounds of e-waste by way of its recycling programs. Two-thirds of that amount was in reusable materials, and while gold was a very small proportion, its high value at current market rates still made that tiny percentage incredibly valuable.

In addition to the ton of gold Apple reclaimed, it also managed to collect 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. Not a bad haul.

“We work hard to keep electronic devices out of landfills so that the precious resources they contain can be reused. And we want to ensure that these devices are recycled properly so they don’t pose a threat to human health or the environment,” Apple states in a report on its recycling program. “We’re working hard to reach 100 percent renewable energy for all of our facilities worldwide, and help our suppliers in China and everywhere around the world make the same transition to clean energy as we have.”

Editors' Recommendations

Lulu Chang
Former Digital Trends Contributor
Fascinated by the effects of technology on human interaction, Lulu believes that if her parents can use your new app…
Why you should buy the iPhone 15 Pro instead of the iPhone 15 Pro Max
Natural Titanium iPhone 15 Pro with Chopper and BD-1 droids around it.

Apple releases multiple iPhones every year, offering folks choice in terms of size and features. In 2024, the iPhone 15 lineup includes four distinct models.

The regular iPhone 15 and iPhone 15 Plus are great for those who don’t need a telephoto lens and don’t care about the Action button or the 1TB of storage. But anyone who wants a more “pro” experience has the iPhone 15 Pro and iPhone 15 Pro Max.

Read more
iPhone SE 4: news, rumored price, release date, and more
The Apple iPhone SE (2022) and Apple iPhone SE (2020) together.

While the spotlight always seems to be on Apple’s mainline iPhones, the iPhone SE is a great pick for those who are on a budget. If you want an iPhone that doesn't break the bank, the SE is the way to go.

The original iPhone SE came out in 2016, and then Apple revamped it in 2020 and 2022 by giving it some more modern hardware. The iPhone SE tends to get updated every two or so years rather than annually like the traditional iPhone. This means  that we should see a new iPhone SE 4 this year, but it’s not so cut-and-dried with this particular model.

Read more
3 reasons why I’ll actually use Anker’s new iPhone power bank
A person holding the Anker MagGo Power Bank.

Power banks are a necessary evil, and even if you don’t consider yourself a “power user” who's likely to drain a phone’s battery in less than a day, there will be times when one comes in handy. And when I am forced to carry one, I want it to be as helpful and versatile as possible.

I’ve been trying Anker’s MagGo Power Bank 10K -- meaning it has a 10,000mAh cell inside it -- and there are three reasons why I'm OK with it taking up valuable space in my bag.
It has a screen on it

Read more