Apple and Amazon cut a deal that upended the Mac resale market

The Verge:

Companies that want to sell Apple products through Amazon now have to meet one of two requirements. The first is to purchase at least $2.5 million worth of refurbished inventory every 90 days from Apple itself or through a retailer with more than $5 billion in annual sales, like a wireless carrier or big-box retailers like Target or Walmart.

By cutting this deal, Apple and Amazon benefit while knocking out millions of dollars worth of business for small sellers. For Apple, the move to sell on Amazon and its aftermath highlight the company’s long-standing adversarial relationship with repair providers and resellers.

Apple and Amazon will make all the right noises about how this is “for the customer” but it’s hard to see that when the competition dries up and the prices rise.