Apple Technology Quickly Updates. It seems like it was just yesterday that Apple came out with the newest version of the iPhone. Founded in April of 1976 by Steven Wozniak, Steve Jobs, and the lesser-known Ronald Wayne, the company has seen wonderful success since its inception. It now operates five hundred and eleven retail stores across the world. The headquarters in Cupertino, California has grown from a building to a park termed Apple Park spanning one hundred and seventy-five acres of suburban land. In the year 2018 alone Apple sold 217,722,000 iPhones and in 2018 the company also sold 18,209,000 Mac computers. Every year around September, the company releases a new model of iPhone that consumers show up to purchase in hoards at Apple retailers. Having produced and sold this many Apple products, we have to wonder - what exactly happens to all of these phones once the consumers get rid of them for the newest updated model?