<PAGE>
FILED PURSUANT TO RULE 424(C)
REGISTRATION STATEMENT NO. 333-10961
PROSPECTUS SUPPLEMENT NO. 1
(TO PROSPECTUS DATED OCTOBER 29, 1996)
$568,575,000
APPLE COMPUTER, INC.
6% CONVERTIBLE SUBORDINATED NOTES DUE
JUNE 1, 2001
This Prospectus Supplement supplements information contained in that certain
Prospectus dated October 29, 1996 (the "Prospectus") relating to the potential
sale from time to time of up to $568,575,000 aggregate amount of Registrable
Notes and the Common Stock issuable upon conversion thereof by the Selling
Holders. This Prospectus Supplement is not complete without, and may not be
delivered or utilized except in connection with, the Prospectus. Capitalized
terms used herein but not defined have the meanings assigned to such terms in
the Prospectus.
The following information shall be added to the table set forth in the
Prospectus under the caption "Selling Holders" with respect to the Selling
Holders and the respective principal amounts of Registrable Notes beneficially
owned by such Selling Holder that may be offered pursuant to the Prospectus, as
amended or supplemented:
<TABLE>
<S> <C> <C> <C>
Chase Securities Inc. ............................................. 16,000,000 638,651 547,851
Susquehanna Capital Group.......................................... 3,500,000 119,842 119,842
Argent Classic Convertible Arbitrage Fund (Bermuda) L.P. .......... 1,500,000 51,361 51,361
Argent Classic Convertible Arbitrage Fund L.P. .................... 1,000,000 34,240 34,240
Prudential Securities Inc. ........................................ 1,000,000 34,240 34,240
Colonial Penn Life Insurance Co. .................................. 950,000 32,528 32,538
D.E. Shaw & Co. International, L.L.C. ............................. 500,000 17,120 17,120
Forum Capital Markets L.P. ........................................ 500,000 17,120 17,120
McMahan Securities Company, L.P. .................................. 250,000 8,560 8,560
</TABLE>
The following line items contained in the table set forth in the Prospectus
under the caption "Selling Holders" shall be deleted in their entirety:
<TABLE>
<S> <C> <C> <C>
State of Connecticut Combined Investment Funds........................ 2,175,000 74,473 74,473
Susquehanna Investment Group.......................................... 1,000,000 34,240 34,240
OCM Convertible Trust................................................. 740,000 25,338 25,338
Delta Airlines Master Trust........................................... 535,000 18,318 18,318
State Employees' Retirement Fund of the State of Delaware............. 500,000 17,120 17,120
OCM Convertible Limited Partnership................................... 175,000 5,992 5,992
</TABLE>
The line items "CFW-C, L.P. . . . 500,000, 17,120, 17,120" and "C.S. First
Boston Corporation . . . 25,270,000, 865,262, 865,262" contained in the table
set forth in the Prospectus under the
caption "Selling Holders" shall be deleted in their entirety and replaced with
the following:
<TABLE>
<S> <C> <C> <C>
CFW-C, L.P. ...................................... 1,500,000 51,361 51,361
C.S. First Boston Corporation..................... 39,165,000 1,341,037 1,366,637
</TABLE>
The last two line items contained in the table set forth in the Prospectus
under the caption "Selling Holders" "Any other holder . . . " and "Total . . . "
(other than the footnotes thereto which remain unchanged), shall be deleted in
their entirety and replaced with the following:
<TABLE>
<S> <C> <C> <C>
Any other holder of Registrable Notes or future
transferee from any such holder (9)(10).......... 179,917,000 6,160,486 6,160,486
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Total....................................... $568,575,000 33,066,506 20,824,636
------------ ----------- -----------
------------ ----------- -----------
</TABLE>
All information provided in this Prospectus Supplement is as of December 10,
1996.
THE DATE OF THIS PROSPECTUS IS DECEMBER 20, 1996.
