A recycle bin may be the best place to drop it. Least it go into a landfill.
Or certain parts may be re-usable if they weren't tied to the ownership
question and inability to locate or return the product to the legal owner.
There should be a better way to re-distribute these when they're otherwise
disowned or discarded; or simply lost and the original owner isn't sure what
to do. Or has given up; since a finder or an official law enforcement agency
cannot determine the name or present contact info of the owner, by looking
at the outside of the case. Seems like a waste of resources, though secure.
A second level 'apple care' product could involve the recovery of lost or stolen
items, to use an internal secure technology and method of contacting owners.
Reminds me of a car, a nice Honda Accord, I found on a seldom-used dirt road
and when reported to the state troopers (in person, I drove 75 miles to report it)
they acted disinterested; it had not been reported as stolen. I suggested they
could take my information on the vehicle and maybe ask the owners if it was
missing; after all, maybe they were on vacation or out of the country. A genuine
lack of interest can lead to a product owner never reconnecting to their iDevice.
PS: the car was still on the dirt road a month later, the troopers didn't find it worthy.
Anyway, all this technology and there isn't an excuse to add to the waste stream. 😎