It was probably an article about a store that had an internal theft problem. It’s not entirely uncommon, but it’s very far from the standard. I used to work for Apple. Employees get a substantial annual discount on iPhone. There’s really no incentive to steal, let alone older generation iPhones.
Apple sends the newer, resalable iPhones that are traded-in to a third-party company for resale. The ones that aren’t worth repairing are recycled.
The year they began the trade-in and recycling process, they recovered over one ton of gold, 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.
The grade is the most important quality in recycling metals. They’d much rather reclaim their own grades of metal than have to mine and manufacture. It’s better for the planet, ease of manufacture, as well as profits.
It was probably an article about a store that had an internal theft problem. It’s not entirely uncommon, but it’s very far from the standard. I used to work for Apple. Employees get a substantial annual discount on iPhone. There’s really no incentive to steal, let alone older generation iPhones.
Apple sends the newer, resalable iPhones that are traded-in to a third-party company for resale. The ones that aren’t worth repairing are recycled.
The year they began the trade-in and recycling process, they recovered over one ton of gold, 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.
https://money.cnn.com/2016/04/15/technology/apple-gold-recycling/index.html
The grade is the most important quality in recycling metals. They’d much rather reclaim their own grades of metal than have to mine and manufacture. It’s better for the planet, ease of manufacture, as well as profits.