<PAGE>
FILED PURSUANT TO RULE 424(B)(3)
REGISTRATION STATEMENT NO. 333-10961
PROSPECTUS SUPPLEMENT NO. 3
(TO PROSPECTUS DATED OCTOBER 29, 1996, AS SUPPLEMENTED BY PROSPECTUS SUPPLEMENT
NO. 1
DATED DECEMBER 20, 1996 AND PROSPECTUS SUPPLEMENT NO. 2 DATED JANUARY 17, 1997)
$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, as amended or supplemented (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, including any amendments or supplements thereto. Capitalized terms
used herein but not defined have the meanings assigned to such terms in the
Prospectus.
The following table supplements the information set forth in the Prospectus
under the caption "Selling Holders" with respect to the Selling Holders and the
respective principal amounts of Registrable Notes and Common Stock issuable upon
conversion thereof beneficially owned by such Selling Holder that may be offered
pursuant to the Prospectus:
<TABLE>
<S> <C> <C> <C>
Morgan Stanley & Co. Incorporated* ................................ 13,055,000 447,012 447,012
Teacher Retirement System of Texas................................. 9,000,000 308,166 308,166
Paloma Securities L.L.C............................................ 3,750,000 148,402 128,402
Dillon, Read & Co. Inc. ........................................... 3,500,000 119,842 119,842
Oppenheimer & Co., Inc. ........................................... 3,500,000 119,842 119,842
D.E. Shaw Investments, L.P. ....................................... 3,250,000 269,282 111,282
Lazard Freres & Co. LLC............................................ 2,000,000 68,481 68,481
Northstar Investment Management Corp. ............................. 900,000 30,816 30,816
LLT Limited........................................................ 325,000 11,128 11,128
</TABLE>
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* Morgan Stanley & Co. Incorporated has in the past, and from time to time,
performs investment banking services for the Company for which it receives
customary fees.
The line items "UBS Securities LLC . . . 17,500,000, 599,212, 599,212",
"Salomon Brothers Inc . . . 23,175,000, 793,528, 793,528", "D.E. Shaw & Co.
International, L.L.C. . . . 500,000, 17,120, 17,120", "JMG Convertible
Investment L.P. . . . 5,000,000, 171,203, 171,203", "Toronto Dominion (New York)
Inc. . . . 8,000,000, 273,925, 273,925" and "Lehman Brothers Inc. . . . 166,000,
231,172, 5,683" 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>
UBS Securities LLC.............................................. 39,000,000 1,444,981 1,335,387
Salomon Brothers Inc*........................................... 27,600,000 945,043 945,043
D.E. Shaw & Co. International, L.L.C. .......................... 2,950,000 101,010 101,010
JMG Convertible Investments L.P. ............................... 2,000,000 68,481 68,481
Toronto Dominion (NY) Inc. ..................................... 2,000,000 68,481 68,481
Lehman Brothers Inc. ........................................... 684,000 72,150 23,420
</TABLE>
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* As of February 18, 1997.
Unless otherwise noted, all information provided in this Prospectus
Supplement is as of February 12, 1997.
THE DATE OF THIS PROSPECTUS SUPPLEMENT IS FEBRUARY 21, 1997.
