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Old iPhones Are Actually Worth An Absolute Fortune

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Old iPhones Are Actually Worth An Absolute Fortune

Remember the first iPhone? Or even the second or third?

Back in the day they were all anyone ever wanted, but as we know times move fast and now they're pretty much obsolete.

Because Apple release so many updates for iPhones, iPads and all of their products, a lot of devices end up being left untouched in a draw.

It turns out those old devices are worth fucking millions.

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iPhone
iPhone

In Apple's latest environmental report they revealed that they managed to salvage just under 1,000 kilos of gold from recycled iPhones, iPads and Macs.

Gold is used in electronic devices because its a good conductor of electricity and is fairly nonreactive, meaning it doesn't corrode easily.

According to New York Gold Spot Price £28,000 is what you can get for a kilo of gold. So, if like me you're terrible at maths, the only answer you need to know is that Apple are sitting on an awful lot of fucking money off their old devices. Millions.

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If you're a bit strapped for cash right now though, don't be trying to smash your phone apart to take the gold out of it. There's nowhere near enough in one handset to make you millions.

Apple actually have their very own robot called Liam which takes apart all the recycled devices and extracts the metal, Fortune reported.

I have a colleague called Liam who is actually really similar to Apple's robot. Give him an opportunity and he'll extract any food you leave lying about because he's a thieving guest.

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Despite the literal gold mine Apple are sitting on, they're not using it to cash in, they're reusing the materials for new devices.


Topics: phones, old iPhone, Apple, iPhone

Mark McGowan
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