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May 25, 2013 -- Updated July 16, 2012 18:57 HKT

Apple Inc (NASDAQ:AAPL) is Green


paul@livetradingnews.com
Posted on: Jul 16th, 2012

Apple (NASDAQ:AAPL) returns to EPEAT environmental rating system

Friday Apple announced that it is returning to EPEAT (Electronic Product Environmental Assessment Tool), a US government-backed green electronics certification system.

“We’ve recently heard from many loyal Apple customers who were disappointed to learn that we had removed our products from the EPEAT rating system. I recognize that this was a mistake. Starting today, all eligible Apple products are back on EPEAT,” Bob Mansfield, Apple’s senior vice president of hardware engineering, said in a letter posted on the company’s website.

“It’s important to know that our commitment to protecting the environment has never changed, and today it is as strong as ever,” said Mr. Mansfield in the letter.

“Our relationship with EPEAT has become stronger as a result of this experience,” said Mansfield, adding that Apple looks forward to working with EPEAT to help its system “evolve.”

Robert Frisbee, EPEAT’s chief executive officer, said the organization will “look forward to Apple’s strong and creative thoughts on ongoing standards development.”

Last Friday, EPEAT told technology news service CIO Journal that Apple had pulled its 39 certified desktop computers, monitors and laptops from the system and gave no reason for its withdrawal.

EPEAT focuses on hardware recycling rather than other environmental standards like carbon emissions. The organization said Apple had not submitted the latest MacBook Pro with the high- resolution Retina display, which was introduced in June, for certification.

According to iFixit.com, a site publishing free online repair guide for electronic products, Apple’s current design direction is in conflict with EPEAT’s requirement for “disassemble-ability,” an important consideration for recycling.

In a new MacBook Pro teardown, iFixit said Apple’s latest laptop is nearly impossible to fully disassemble as the battery is glued to the case and the display to the back.

Last Tuesday, San Francisco city officials said they are planning to block purchases of Apple computers by all its municipal agencies, noting that they hope Apple will reconsider its participation in the system.

Administrators at University of California, Berkeley, and Cornell University also said they are reviewing their purchases from Apple.

In a statement issued Friday after Apple’s announcement, Melanie Nutter, director of San Francisco Department of the Environment, said that the department “is pleased to learn that Apple is rejoining EPEAT.”

“Independent standards, eco-labels, and registries like EPEAT are critical tools for verifying the environmental integrity of products for consumers,” Ms. Nutter noted.

The EPEAT system is founded in Y 2006 through funding by the US federal Environment Protection Agency and manufacturers, including Apple, to certify products that are recyclable and designed to maximize energy efficiency and minimize environmental harm.

In Y 2007, former US President George W. Bush issued an Executive Order to require 95% of computers in federal government agencies to be EPEAT-certified. Around 70% of Us universities require EPEAT-only computers, according to EPEAT.

Apple Inc (NASDAQ:AAPL) is working on a smaller and cheaper iPad model in bid to beat off competition from Google Inc’s (NASDAQ:GOOG) Nexus 7 and Amazon.com Inc’s (NASDAQ:AMZN) Kindle Fire, according to a report.

It is understood Apple is developing a new tablet with a smaller 7.85 inch screen (compared to the current 9.7 inch screen) – which is likely to retail for a lot less than the latest £320 iPad, The New York Times reports – citing several people “with knowledge of the project”. According to these sources, Apple will announce these plans later this year.

Competition in the tablet space is heating up stateside with Google’s Nexus 7 having just begun shipping in the US and Amazon’s Kindle Fire already on the market. Microsoft will also be releasing Surface, its own tablet, announced earlier this summer, writes the Telegraph.

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Heffernan Capital Management
Linda Johnson,
Business Development Director – Private Client Group,
Sales@Heffcap.com

Singapore

3 Raffles Place #07-01
Bharat Building Singapore 048617
Tel: +65 6329 6408
Fax: +65 6329 9699

 Paul A. Ebeling, Jnr.

Paul A. Ebeling, Jnr. writes and publishes The Red Roadmaster’s Technical Report on the US Major Market Indices, a weekly, highly-regarded financial market letter, read by opinion makers, business leaders and organizations around the world.

Paul A. Ebeling, Jnr has studied the global financial and stock markets since 1984, following a successful business career that included investment banking, and market and business analysis. He is a specialist in equities/commodities, and an accomplished chart reader who advises technicians with regard to Major Indices Resistance/Support Levels.

 

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Posted by on Jul 16th, 2012and filed underAAPL, Economic News, Equities, Latest News, Personal Goods, Retail, Technology, Telecoms, US Companies.You can follow any responses to this entry through theRSS 2.0You can skip to the end and leave a response. Pinging is currently not allowed.
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