Apple Stock News: Apple Looking Utilize Recycled Material
Apple Stock News
For the latest Apple Stock News, AAPL closed at $140.68 on Wednesday, April 19, 2017. It had a loss of 0.37% from its previous close of $141.20 per share.
According to the EPA, electronic waste (e-waste) is the fastest municipal waste in the United States. The world disposes up to 50 million metric ton of e-waste each year. As the population increases, and technology becoming more accessible worldwide, this issue could be become a significant problem if left unaddressed. Apple CEO Tim Cook, acknowledged this trend yesterday before the commemoration of Earth Day, and announced Apple’s future in sustainability. Apple may one day produce its product lines using 100% recycled material. Tim Cook recognize the earth has a finite of natural resources, and it is advisable to seek sustainable alternatives. However, this is easier said than done. Currently, Apple products along with other high tech products require valuable natural resources.
Nevertheless, this is a challenge Apple wants to achieve. Apple currently has a program called Apple Renew. This recycling program encourages Apple customers to donate their Apple phones or products. The discarded devices may be scrapped for future products or refurbished in exchange for compensation.
Keep checking back for more news regarding AAPL. For Full AAPL forecasts and investment advice by our state of the art algorithm click here.