Apple Buying Back Old iPhone, iPad under Reuse and Recycle Initiative

Apple Inc. on Wednesday announced its new partnership with a third party to kick start a joint product buyback program and indulge in recycling.

According to tech website Apple Insider, Cupertino, California-based Apple Inc. is now buying back old or outdated gadgets from its own factory which include iPhone 3, iPhone 3G, iPhone 4, iPad, iPad 2, and Mac-powered computers and even other manufacturers at a fair market price for used products.

Apple Inc. in collaboration with PowerON will work towards enhancing the quality of the disposed products and extend their life to resell the gadgets.

Interested people can mark the details about their gadget on company’s Reuse and Recycling Web page (http://store.apple.com/us/browse/reuse_and_recycle) to receive price offers from Apple Inc.

“Send it to us and we’ll determine if it qualifies for reuse. If it does, that means your device has monetary value that we’ll apply to an Apple Gift Card, which you can use for purchases at any Apple Retail Store or the Apple Online Store.” the website reads. Apple Inc. has also added that in case, the gadget or the PC does not hold any worth to the company, it will still recycle the gadget at zero cost.

Once the price quoted is accepted by the user, they can send the gadget across PowerON, without paying any shipping fee.