If you’re hankering for your version of Mac OS X 10.7 Lion on a physical medium, Apple has announced that the company will release the on a USB thumb drive through its online store in August, but at a cost more than twice the price of the Mac App Store.

Apple revealed on Wednesday that Lion will be available on a USB thumb drive through its online store “later this August.” It will carry a price of US$69, or more than twice the US$29.99 cost of downloading Lion from the Mac App Store.

For users who do not have broadband access at home, work or school, Apple is also offering customers the ability to download the multi-gigabyte install at its retail stores immediately.

Those who opt to buy a new Mac won’t need to worry about downloading Lion from the Mac App Store, as all new computers sold by Apple will come preinstalled with the next-generation operating system. That includes already released devices, like the latest MacBook Pro and iMac, as well as Wednesday’s newly released hardware: MacBook Airs and Mac minis.