Chief financial officer of Costco Richard Galanti has confirmed that his company has reached a mutual agreement with Apple to cease the sales of Apple products.
Galanti made the statement during a conference call yesterday, saying that his company and Apple “agreed to wind down” according to a report by The Seattle Times. Costco had carried only iTunes gift cards and the popular iPad tablet; the decision was allegedly made in part due to Apple’s apparent reluctance to allow Costco to sell iPad devices online.


