Costco Will No Longer Sell Apple Products

Posted by at 3:27 pm on December 10, 2010

Costco is phasing out all Apple products from its stores, the company’s CFO has announced. Speaking during a financial conference call, Richard Galanti described the plan as a mutual agreement. The only cited reason is online sales; Galanti notes that Apple was forbidding Costco from selling products online, unlike other some other third-party vendors.

“In the past couple months, we agreed to wind down,” Galanti elaborated during the call. An Apple spokeswoman, Amy Bessette, states that the company has no comment.

In October, reports first claimed that Costco was dropping iPods, and then iTunes gift cards. Sources have suggested that the retailer is upset over not getting the iPad.

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