___________________________________________________________________________
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: June 14, 1996
Date of earliest
event reported: June 3, 1996
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 June 3, 1996, the text of which is attached
hereto as an exhibit, for a description of the events reported
pursuant to this Form 8-K.
(ii) Reference is made to the press release issued to the public by
the registrant on June 4, 1996, the text of which is attached
hereto as an exhibit, for a description of the events reported
pursuant to this Form 8-K.
(iii) Reference is made to the press release issued to the public by
the registrant on June 10, 1996, 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 June 3, 1996.
99.2 Text of press release dated June 4, 1996.
99.3 Text of press release dated June 10, 1996.
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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: June 14, 1996
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INDEX TO EXHIBITS
Exhibit Document Page
99.1 Text of Press Release dated June 3, 1996 5
99.2 Text of Press Release dated June 4, 1996 6
99.3 Text of Press Release dated June 10, 1996 7
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Exhibit 99.1
For Immediate Release
Apple Computer, Inc. Announces Intention to Place Convertible Subordinated
Notes Due 2001
CUPERTINO, California--June 3, 1996--Apple Computer, Inc. (NASDAQ: AAPL)
today announced that it intends to issue, through an underwritten offering,
Convertible Subordinated Notes due 2001 (the "Notes") in the United States
and internationally. In the United States, the Notes will be sold only to
qualified institutional buyers pursuant to Rule 144A and to a limited number
of institutional accredited investors. The final terms and size of the
offering are expected to be announced the morning of Tuesday, June 4th. The
transaction is expected to close in early June.
The Notes will be redeemable at the option of the Company after three years
and will be convertible into Common Stock of the Company.
The Company intends to use the proceeds from the sale of the Notes for working
capital and other general corporate purposes.
The Notes and the Common Stock issuable upon the conversion thereof have not
been registered under the Securities Act of 1933 or state securities laws and
may not be sold in the United States absent registration or qualification or
an applicable exemption from registration or qualifications requirements.
Contact:
Nancy Paxton
Apple Computer, Inc.
(408) 974-5420
email:[email protected]
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Exhibit 99.2
June 4, 1996
Apple Computer, Inc. Announces $575,000,000 Convertible Subordinated Notes
Due 2001 Placement
CUPERTINO, California--June 4, 1996--Apple Computer, Inc. (NASDAQ: AAPL)
today announced that it is issuing, through an underwritten offering, $575
million aggregate principal amount of Convertible Subordinated Notes due 2001
(the "Notes") in the United States and internationally. In the United States,
the Notes will be sold only to qualified institutional buyers pursuant to Rule
144A and to a limited number of institutional accredited investors. The
transaction is expected to close on June 7, 1996.
The Notes will be redeemable at the option of the company after three years,
will have a 6.00% coupon and will be convertible into Common Stock of the
company at a conversion price of $29.205 per share. The company also granted
the underwriters an option for 30 days to purchase up to an additional $86.25
million of Notes to cover over-allotments.
The Company intends to use the proceeds from the sales of the Notes for working
capital and other general corporate purposes.
The Notes and the Common Stock issuable upon the conversion thereof have not
been registered under the Securities Act of 1933 or state securities laws and
may not be sold in the United States absent registration or qualification or
an applicable exemption from registration or qualification requirements.
Press Information Contact:
Nancy Paxton
Apple Computer, Inc.
(408) 974-5420
email: [email protected]
Apple's home page on the World Wide Web: http//www.apple.com/
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Exhibit 99.3
June 10, 1996
Apple Completes $661.25 Million Convertible Debt Placement
CUPERTINO, California--June 10, 1996--Apple Computer, Inc. (NASDAQ: AAPL)
announced today the successful completion of a $661.25 million private
placement of convertible subordinated debentures due June 1, 2001.
"Completion of this transaction brings Apple's cash balance to approximately
$1.3 billion and significantly reinforces the Company's capital structure,
" said Apple Executive Vice President and Chief Financial Officer Fred
Anderson. "Moreover, we expect it will provide us with sufficient liquidity
to execute against our newly-formed strategic plans which are designed to
return the company to profitability."
On May 13, Apple Chairman and Chief Executive Officer Dr. Gilbert F. Amelio
described the framework of Apple's new strategic direction. Among the key
elements of the strategy are capitalization on the convergence of computing
and communications, a focus on Internet products and solutions, renewed
emphasis on providing superior value to customers and a commitment to
disciplined business practices.
On May 31, the Company announced a realignment of its organization to support
its new strategy. The new organization structure promotes managerial
accountability, streamlined decision-making and customer orientation.
The notes and the common stock issuable upon the conversion thereof have not
been registered under the Securities Act of 1933 or state securities laws and
may not be sold in the United States absent registration or qualification or
an applicable exemption from registration or qualification requirements.
Apple Computer, Inc., a recognized innovator in the information industry and
leader in multimedia technologies, creates powerful solutions based on
easy-to-use personal computers, servers, peripherals, software, personal
digital assistants and Internet content. Headquartered in Cupertino,
California, Apple develops, manufactures, licenses and markets solutions,
products, technologies and services for business, education, consumer,
entertainment, scientific and engineering and government customers in more
than 140 countries.
Press and Investor Relations Contact:
Nancy Paxton
Apple Computer, Inc.
(408) 974-5420
email: [email protected]
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