toggle

AAPL Stock: 113.29 ( + 0.37 )

Printed from http://www.macnn.com

Costco confirms plans to phase out all Apple products

updated 04:30 pm EST, Thu December 9, 2010

CFO says Apple banned online sales

Costco is ultimately 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. Many other major American chains now have the iPad, including Best Buy, Target, and direct Costco rival Sam's Club. Even TJ Maxx briefly joined in sales, though it was not an authorized iPad dealer.






by MacNN Staff

POST TOOLS:

TAGS :

toggle

Comments

  1. Sabon

    Joined: Dec 1969

    +5

    This SUCKS!

    I live in the Seattle area and very much enjoyed a non Microsoft product having such a huge presence just inside the doors of Costco. Sigh!

  1. OtisWild

    Joined: Dec 1969

    +2

    Meh

    Why bother buying a product at Costco without a discounted price? I am surprised Costco even stocked Apple products, and they only shaved like $5 off the price so meh.

    OTOH, I really wish they'd bring back $100 worth of Starbucks gift cards for $80.

  1. Raman

    Joined: Dec 1969

    +1

    When I think of CostCo

    all I can think of this http://www.youtube.com/watch?v=Z8zNsUTWsOc

  1. climacs

    Joined: Dec 1969

    +2

    irresistible force

    meet immovable object

    Costco likes to offer discounts you can't get elsewhere, and Apple upholds its retail pricing very strictly (which is one of the reasons AAPL keeps soaring).

  1. Fast iBook

    Joined: Dec 1969

    +2

    Accidental pricing....

    Reminds me of how pissed steve got over the accidental way low pricing on some products not too long ago, i think this was in france?

    - A

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

Follow us on Facebook

toggle

Most Popular

Advertisement

Recent Reviews

ZTE Spro 2 Smart Projector

Home theaters are becoming more and more accessible these days, but maybe you've been a bit wary about buying a home projector. And h ...

MSI Geforce GTX 970 100ME

When Nvidia announced a new line of video cards in September 2014, many people thought things would continue to be business as usual i ...

Wren V5US Wireless Sound System

If you're a music fanatic, chances are you are, by extension, a bit fanatical about what you listen to your music on. If you're like ...

toggle

Most Commented