Apple Store suppliers face longer payment terms

By news@appleinsider.com (Malcolm Owen) Accessory producers and other suppliers who provide products for Apple’s retail outlets have to wait longer before being paid by the company, a store claims, with changes in terms also making them responsible for unsold products.Apple has reportedly made changes to the way it handles products it receives from suppliers for sale in the online and physical Apple Store. Suppliers who do not agree with the new terms reportedly risk their placement on Apple’s shelves, with the changes considerably benefiting Apple.After providing distribution for its retail stores to a new provider, The Telegraph …

Source:: Apple Insider