SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 5)
America Online, Inc.
(Name of Issuer)
Common Stock, $.01 par value
(Title of Class of Securities)
00002364Jl
(CUSIP Number of Class of Securities)
Edward B. Stead
Senior Vice President, General Counsel and Secretary
Apple Computer, Inc.
1 Infinite Loop
Cupertino, California 95014
408-996-1010
(Name, Address and Telephone Number of Person Authorized
to Receive Notice and Communications)
January 31, 1996
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to
report the acquisition which is the subject of this Statement because of
Rule 13d-1(b)(3) or (4), check the following box: [ ]
Check the following box if a fee is being paid with this Statement: [ ]
(A fee is not required only if the reporting person: (1) has a previous
statement on filed reporting beneficial ownership of more than five
percent of a class of securities described in Item 1; and (2) has filed
no amendment subsequent thereto reporting beneficial ownership of less
than five percent of such class. See Rule 13d-7.)
Note: Six copies of this statement, including all exhibits, should be
filed with the Commission. See Rule 13d-1(a) for other parties to whom
copies are to be sent.
CUSIP No. 00002364Jl
1. Name of Reporting Persons
S.S. or I.R.S. Identification No. of Above Persons:
Apple Computer, Inc. 94-2404110
2. Check the Appropriate Box if a Member of a Group:
(a) [ ]
(b) [ ]
3. SEC Use Only:
4. Source of Funds:
OO
5. Check Box if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(d) or 2(e)
[ ]
6. Citizenship or Place of Organization]:
California, USA
7. Sole Voting Power: 4,000,000
Number of Shares
Beneficially Owned 8. Shared Voting Power: 0
by Each Reporting
Person with 9. Sole Dispositive Power:4,000,000
10. Shared Dispositive Power: 0
11. Aggregate Amount Beneficially Owned by Each Reporting Person:
4,000,000
12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares:
[ ]
13. Percent of Class Represented by Amount in Row 9.:
4.6%
14. Type of Reporting Person:
CO
The following items are amendments to the information included in
the Schedule 13D dated February 8, 1994, as amended (the "Prior Schedule
13D"), filed by Apple Computer, Inc. with respect to the Common Stock of
America Online, Inc. Certain capitalized terms used below and not
defined have the meanings given them in the Prior Schedule 13D.
Item 5. Interest in Securities of the Issuer.
As a result of an increase in the number of outstanding shares of
Common Stock by the Company to 86,778,996 as of January 31, 1996 (as
reflected in the Company's Form 10-Q dated February 14, 1996) it has come
to Apple's attention that the 4,000,000 shares of Common Stock Apple
beneficially owns now represent 4.6% of the outstanding shares of Company
Common Stock.
Accordingly, as Apple no longer beneficially owns 5% or greater of
the Company's Common Stock, Apple has no further obligation to update the
information contained in this Schedule 13D.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief,
I certify that the information set forth in this statement is true,
complete and correct.
APPLE COMPUTER, INC.
By:___/s/ Fred Anderson____
Name: Fred Anderson
Title: Executive Vice President
and Chief Financial Officer
Date: April 16, 1996
