Apple And Costco Part Ways
Costco is going to stop selling apple products.
Chief Financial Officer Richard Galanti confirmed the company is in the process of phasing out Apple products from its shelves. The rumor, which has come true is said to be attributed to the wholesale retailer getting shut out of acquiring stock of products like the iPad, which competitors like Sam’s Club, Wal-Mart Stores and Target had gotten access to some six months after its launch. “The Seattle Times” says the split is mutual. “The Seattle Times” highlights that Costco’s sales of Apple products did not venture further than offering slightly discounted iPods and packs of iTunes gift cards.