Costco confirms break with Apple

As first reported by iLounge in October, membership club Costco has confirmed that it is phasing out all Apple products per a mutual agreement between the two companies. Speaking to The Seattle Times, Costco CFO Richard Galanti said that the company had sold iPods and iTunes Gift Cards for years, but Apple had never allowed the retailer to sell its products online, as it did other retailers. “In the past couple months, we agreed to wind down,” he added. Costco is the third-largest retailer in the U.S., with 425 stateside warehouses, more than a quarter of which are in Apple’s home state of California.