No, Apple didn’t make $40 million mining gold from discarded iPhones

Jason Koebler at Motherboard has done the worlds of reading, writing and recycling a massive favor by clarifying – debunking, in many cases – a run-amok story from earlier this week that created the erroneous impression that Apple was profiting handsomely from the mining of millions of dollars worth of gold from old iGadgets. 

Koebler’s piece begins:

You may have seen a viral headline floating around over the last few days: Apple recycled $ 40 million worth of gold last year, which was extracted from iPhones. Almost none of what was reported is true.

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