There's another economics aspect relevant here, which is that environmental costs are unpriced externalities (unless the government intervenes).

The economic logic of non-circular economy is sound only for the parties with a direct, short-term economic stake in it (you, Apple, and its suppliers). The system compensates you for your time wasted driving to the Apple store, but does it sufficiently compensate people whose children grow up in the midst of pollution from mining or landfills?