Apple
APPLE COMPUTER INC (Form: 8-K, Received: 09/07/1999 07:57:37)

SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report:      September 3, 1999
Date of earliest
event reported:      September 3, 1999

Apple Computer, Inc.
(Exact name of registrant as specified in its charter)

          California                      0-10030             94-2404110
(State or other jurisdiction of      (Commission File     (I.R.S. Employer
incorporation or organization)       Number)              Identification No.)

1 Infinite Loop, Cupertino, California 95014
(Address of principal executive offices)

Registrant's telephone number, including area code: (408) 996-1010

Not Applicable
(Former name or former address, if changed since last report.)

Exhibit Index on Page 4

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INFORMATION INCLUDED IN THIS REPORT

Items 1 through 4, 6 and 8 Not Applicable.

Item 5. Other Events.

(i) Reference is made to the press release issued to the public by the registrant on September 3, 1999, the text of which is attached hereto as an exhibit, for a description of the events reported pursuant to this Form 8-K.

Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.

(c) Exhibits

99.1 Text of press release dated September 3, 1999.

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SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

APPLE COMPUTER, INC.

                                       By:/S/ Fred D. Anderson
                                       Fred D. Anderson,
                                       Executive Vice President and Chief
                                       Financial Officer


Date: September 3, 1999

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INDEX TO EXHIBITS

Exhibit Document Page
99.1 Text of Press Release dated September 3, 1999 5

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Apple Reaches Settlement of Shareholder Derivative Action

CUPERTINO, California -- September 3, 1999 -- Apple today announced it has reached a settlement, subject to court approval, of shareholder derivative action known as Kostick vs. Crisp, which has been pending since January 1996.

Under the settlement, Apple's Board of Directors will take certain corporate governance actions involving amendments to the Company's by-laws and the Company's policy concerning trading in Company securities. More details regarding the settlement terms can be obtained from the formal notice which was published in Investor's Business Daily today, September 3, 1999, or by contacting Apple legal department at (408) 974-0770.

About Apple Computer
Apple Computer, Inc. ignited the personal computer revolution in the 1970s with the Apple II, and reinvented the personal computer in the 1980s with the Macintosh. Apple is now recommitted to its original mission to bring the best personal computing products and support to students, educators, designers, scientists, engineers, businesspersons and consumers in over 140 countries around the world.

Press Contact:
Rhona Hamilton
Apple Computer, Inc.
(408) 974-6439
hamiton@apple.com

NOTE TO EDITORS: For additional information visit Apple's PR web site (www.apple.com/pr/) or call Apple's Media Helpline at (408) 974-2042.

Apple, the Apple logo and Macintosh are registered trademarks of Apple Computer, Inc. Additional company and product names may be trademarks or registered trademarks of the individual companies and are respectfully acknowledged.

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