Apple
APPLE COMPUTER INC (Form: 4, Received: 03/28/2006 18:18:38)
FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public
Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

COOK TIMOTHY D
2. Issuer Name and Ticker or Trading Symbol

APPLE COMPUTER INC [ AAPL ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
Chief Operating Officer
(Last)          (First)          (Middle)

1 INFINITE LOOP
3. Date of Earliest Transaction (MM/DD/YYYY)

3/24/2006
(Street)

CUPERTINO, CA 95014
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock   (1) 3/24/2006   3/24/2006   M    74000   A   (1) 12597   D    
Common Stock   3/24/2006   3/24/2006   S (2)    2000   D $59.8995   12597   D    
Common Stock   3/24/2006   3/24/2006   S (2)    2000   D $59.90   12597   D    
Common Stock   3/24/2006   3/24/2006   S (2)    2000   D $59.911   12597   D    
Common Stock   3/24/2006   3/24/2006   S (2)    2000   D $59.918   12597   D    
Common Stock   3/24/2006   3/24/2006   S (2)    4300   D $59.92   12597   D    
Common Stock   3/24/2006   3/24/2006   S (2)    2000   D $59.9275   12597   D    
Common Stock   3/24/2006   3/24/2006   S (2)    6000   D $59.93   12597   D    
Common Stock   3/24/2006   3/24/2006   S (2)    2000   D $59.9375   12597   D    
Common Stock   3/24/2006   3/24/2006   S (2)    2000   D $59.945   12597   D    
Common Stock   3/24/2006   3/24/2006   S (2)    2000   D $59.946   12597   D    
Common Stock   3/24/2006   3/24/2006   S (2)    2000   D $59.95   12597   D    
Common Stock   3/24/2006   3/24/2006   S (2)    2000   D $59.9505   12597   D    
Common Stock   3/24/2006   3/24/2006   S (2)    2000   D $59.9515   12597   D    
Common Stock   3/24/2006   3/24/2006   S (2)    7700   D $59.96   12597   D    
Common Stock   3/24/2006   3/24/2006   S (2)    2000   D $59.968   12597   D    
Common Stock   3/24/2006   3/24/2006   S (2)    4000   D $59.97   12597   D    
Common Stock   3/24/2006   3/24/2006   S (2)    2000   D $59.974   12597   D    
Common Stock   3/24/2006   3/24/2006   S (2)    2000   D $59.976   12597   D    
Common Stock   3/24/2006   3/24/2006   S (2)    2000   D $59.978   12597   D    
Common Stock   3/24/2006   3/24/2006   S (2)    2000   D $59.9815   12597   D    
Common Stock   3/24/2006   3/24/2006   S (2)    4000   D $59.986   12597   D    
Common Stock   3/24/2006   3/24/2006   S (2)    2000   D $59.99   12597   D    
Common Stock   3/24/2006   3/24/2006   S (2)    2000   D $59.993   12597   D    
Common Stock   3/24/2006   3/24/2006   S (2)    2000   D $59.996   12597   D    
Common Stock   3/24/2006   3/24/2006   S (2)    2000   D $60.00   12597   D    
Common Stock   3/24/2006   3/24/2006   S (2)    2000   D $60.008   12597   D    
Common Stock   3/24/2006   3/24/2006   S (2)    2000   D $60.01   12597   D    
Common Stock   3/24/2006   3/24/2006   S (2)    2000   D $60.0195   12597   D    
Common Stock   3/24/2006   3/24/2006   S (2)    2000   D $60.0235   12597   D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Unit     (1) 3/24/2006   3/24/2006         74000    3/24/2006   3/24/2006   Common Stock   74000     (1) 300000   D    

Explanation of Responses:
( 1)  Each restricted stock unit represents the right to receive, at settlement, 1 share of common stock. The reporting person had vested restricted stock units settled in shares of common stock.
( 2)  The transactions reported in this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 23, 2004.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
COOK TIMOTHY D
1 INFINITE LOOP
CUPERTINO, CA 95014


Chief Operating Officer

Signatures
/s/ Timothy Cook 3/28/2006
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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