4 ms·

That was 'a stunt' which 'makes no economic sense' https://www.ifixit.com/News/15794/apple-daisy-cobalt-recycling https://www.ifixit.com/News/15794/apple-daisy

by kfprt 5y ago

That was 'a stunt' which 'makes no economic sense' https://www.ifixit.com/News/15794/apple-daisy-cobalt-recycling https://www.ifixit.com/News/15794/apple-daisy-cobalt-recycli...

criddell 5y ago
I like the iFixit people, but that article is pretty bad. One of the reasons this list as a failure is this: > People aren’t giving Apple back their phones, because old iPhones are worth dramatically more on the used market than the material cost Would they really rather see people recycling rather than reusing? Also, why would it have to make economic sense? Sometimes companies do things because it's the right thing to do.
- kfprt 5y ago
  Generally companies have a fiduciary obligation. I don't understand your critique. Yes reuse is better than recycling, so what's the point of Apple's recycling program if someone will buy to reuse. Any phone given to Apple to recycle is one that could have been reused. Furthermore what's the point of building a robot to recycle new iPhones that still have value instead of old ones. It also sounds underutilized if so few phone make it back. Notice how Apple doesn't break it down by model for what phones they receive back. I'd wager that most of the phones Apple gets back are the new ones from trade in. Apple is also very aggressive about making sure their products end up in landfills. https://www.theverge.com/apple/2020/10/4/21499422/apple-sues-recycling-company-reselling-ipods-ipads-watches https://www.theverge.com/apple/2020/10/4/21499422/apple-sues...
- summm 5y ago
  If a company does something that is right, but loses money, shareholders will sue it.
  - criddell 5y ago
    Anybody can sue for any reason. Doesn't mean they will win. Companies give lots of money to all kinds of causes that have no possibility of any financial return. Apple isn't special in this regard and they aren't getting sued for it.
    - kfprt 5y ago
      Almost all corporate charity is in return for tax breaks.
      - criddell 5y ago
        Sure, but the break isn't terribly big. Certainly not enough to justify giving away money. US corporations (especially big tech companies) often pay well under 20%. If they give $100 to the local children's hospital, they are down $80+.

by kfprt 5y ago

That was 'a stunt' which 'makes no economic sense' https://www.ifixit.com/News/15794/apple-daisy-cobalt-recycling https://www.ifixit.com/News/15794/apple-daisy-cobalt-recycli...

criddell 5y ago

I like the iFixit people, but that article is pretty bad. One of the reasons this list as a failure is this: > People aren’t giving Apple back their phones, because old iPhones are worth dramatically more on the used market than the material cost Would they really rather see people recycling rather than reusing? Also, why would it have to make economic sense? Sometimes companies do things because it's the right thing to do.

kfprt 5y ago
Generally companies have a fiduciary obligation. I don't understand your critique. Yes reuse is better than recycling, so what's the point of Apple's recycling program if someone will buy to reuse. Any phone given to Apple to recycle is one that could have been reused. Furthermore what's the point of building a robot to recycle new iPhones that still have value instead of old ones. It also sounds underutilized if so few phone make it back. Notice how Apple doesn't break it down by model for what phones they receive back. I'd wager that most of the phones Apple gets back are the new ones from trade in. Apple is also very aggressive about making sure their products end up in landfills. https://www.theverge.com/apple/2020/10/4/21499422/apple-sues-recycling-company-reselling-ipods-ipads-watches https://www.theverge.com/apple/2020/10/4/21499422/apple-sues...
summm 5y ago
If a company does something that is right, but loses money, shareholders will sue it.
- criddell 5y ago
  Anybody can sue for any reason. Doesn't mean they will win. Companies give lots of money to all kinds of causes that have no possibility of any financial return. Apple isn't special in this regard and they aren't getting sued for it.
  - kfprt 5y ago
    Almost all corporate charity is in return for tax breaks.
    - criddell 5y ago
      Sure, but the break isn't terribly big. Certainly not enough to justify giving away money. US corporations (especially big tech companies) often pay well under 20%. If they give $100 to the local children's hospital, they are down $80+.