Reply to post: Does the report say how much they lose?

Apple pulled 2,204lbs of gold out of old tech gear

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Does the report say how much they lose?

Gold is only about $20k per pound. Silver about $260 per pound. The other metals much less.* Plastics even less. They clearly don't break even, much less make money on their recycling program.

* In the US, Apples 22M pounds of scrap steel would fetch about $1M.

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