Although Apple has a group of stores all its own, the company has a chain of resellers that are also authorized to sell and fix its products. And now, its oldest reseller is shuttering its doors.
FirstTech, a company once known as Team Electronics, will close its doors next week, the company confirmed to TwinCities.com.
See also: Selling the Apple II: Three true stories
After nearly 37 years selling Apple's products as an authorized reseller, the company has decided that it can't keep profits high enough to justify keeping its doors open. The main culprit, the company said, has been major box stores that are selling products below cost -- something the small FirstTech can't do.
The news that the world's oldest Apple authorized reseller is closing its doors surely says something about the state of the retail environment for electronics -- those big box stores aren't exactly having it easy these days, either, what with the easy appeal of online sales. It seems quite possible, then, that more resellers might close their doors as time goes on.
All the latest Apple news, featuring developments on the iPhone, iPad, Macbooks, OS X and much more.
Apr 25iPhone 8 may miss one key feature already in the Galaxy S8
Apr 24How to restart the iPhone 7 and iPhone 7 Plus
Apr 24This is not the iPhone 8. But if it is, we are down
Apr 24Sling TV cloud DVR hits Apple TV