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APPLE TO RESTRUCTURE OVER NEXT 12 MONTHS

 CUPERTINO, Calif., July 6 /PRNewswire/ -- Apple Computer Inc. (NASDAQ-NMS: AAPL) today confirmed that it intends to implement, over the next 12 months, a broad re-engineering of the company to accelerate revenue, unit and earnings growth. The re-engineering will include a workforce reduction of approximately 2,500 worldwide of Apple's 16,000 full-time, temporary and contract employees, with the majority of layoffs occurring in July 1993.
 Further details of the restructuring -- including organizational changes designed to allow the company to compete more effectively -- will be communicated by Apple in the near future.
 Restructuring costs for the workforce reduction will be accounted for in the company's third fiscal quarter, which ended June 25, 1993.
 NOTE: Apple and the Apple logo are registered trademarks of Apple Computer Inc.
 -0- 7/6/93
 /CONTACT: Kate Paisley of Apple Computer, 408-974-5453/
 (AAPL)


CO: Apple Computer Inc. ST: California IN: CPR SU: RCN

GT -- SJ001 -- 8484 07/06/93 08:30 EDT
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Publication:PR Newswire
Date:Jul 6, 1993
Words:156
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