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: July 9, 1997
Date of earliest
event reported: July 9, 1997
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 July 9, 1997, 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 July 9, 1997.
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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: July 28, 1997
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INDEX TO EXHIBITS
Exhibit Document Page
99.1 Text of Press Release dated July 9, 1997 5
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Apple Board Announces the Resignation of Chairman and CEO Gil Amelio
CUPERTINO, Calif. July 9, 1997 Apple today announced that Dr. Gilbert F.
Amelio, after consultation with Apple's board of directors, has resigned his
positions as chairman of the board and chief executive officer, and that the
Company is initiating a search for a new CEO.
Until a new CEO is hired, Fred Anderson, executive vice president and chief
financial officer, will assume additional responsibilities for the Company's
day-to-day operations, working closely with the board and the executive
management team, which includes:
Fred Anderson - executive vice president and chief financial officer
Guerrino De Luca - executive vice president, Marketing
Dave Manovich - executive vice president, Worldwide Sales and Service
Jack Douglas - senior vice president, General Counsel and Secretary
Jim McCluney - senior vice president, Operations
Jon Rubinstein - senior vice president, Hardware Engineering
Avie Tevanian - senior vice president, Software Engineering
During the interim period, Apple's co-founder and strategic advisor Steve Jobs
will assume an expanded role as a key advisor to Apple's board and executive
management team.
Heading the search for a new CEO will be a committee composed of Board Vice
Chairman A.C. Markkula Jr., Apple Board Director and Chairman of the Board of
E.I. du Pont de Nemours and Co. Edgar S. Woolard Jr., Executive Vice President
and Chief Financial Officer Fred Anderson, and Apple's strategic advisor Steve
Jobs.
"In recent months, Apple has made significant progress in addressing the crises
which were threatening its viability," said Woolard. "In pursuit of the best
interest of our shareholders and our customers, we now want to move forward
and return the Company to growth and sustainable profitability. We believe that
with a customer focused CEO and Apple's product and technology portfolio, the
Company will have the necessary ingredients to return to success."
"The Company has improved its cash position, reduced operating expenses and
improved product quality" said Anderson. "We have also introduced a series of
outstanding products, developed a long-term operating system strategy and
consolidated our marketing and sales organizations. The executive management
team is committed to continue to build on this foundation".
- -more-
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Ellen Hancock, executive vice president of Technology, has also announced that
she will be leaving the Company. Her responsibilities have been reassigned to
Avie Tevanian and Jon Rubinstein.
Apple will announce its third fiscal quarter results on Wednesday July 16,1997.
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, handheld computers 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 Contact: Investor Relations Contact:
Katie Cotton Nancy Paxton
Apple Computer, Inc. Apple Computer, Inc.
(408) 974-7269 (408) 974-5420
email: [email protected] email: [email protected]
NOTE TO EDITORS: To access Apple press releases, background material, and
contact information on the web, visit The Source at:
http://www.apple.com/source/. If you are interested in receiving Apple press
releases by fax, call 1-800-AAPL-FAX (1-800-227-5329) and enter your PIN
number. If you do not have a PIN number, contact Apple's Media Helpline at
(408)974-2042 to request one. If you would like to receive Apple press releases
by email, please send an email message to [email protected]. In
the subject field,type the text "subscribe pressrel." To unsubscribe to the
Apple press releases mailing list, please send an email message to
[email protected]. In the subject field, type the text
"unsubscribe pressrel."
Apple, the Apple logo, Macintosh, Power Macintosh, and PowerBook 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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