EXHIBIT  11
                              APPLE COMPUTER, INC.
                 COMPUTATION OF EARNINGS (LOSS) PER COMMON SHARE
                    (In thousands, except per share amounts)

                                                      

                                 Three Months Ended      Six Months Ended
                               March 29,    March 31,   March 29,   March 31,
                                    1996         1995        1996        1995
                                   
                                                        
Primary Earnings Per Share                                          
                                                                     
 Earnings (Loss)                                                    
  Net income (loss) applicable          
  to common stock             ($740,159)    $  72,917  ($808,845)   $ 261,103
                                   
 Shares                                                             
  Weighted average number of                                         
  common sharesoutstanding       123,659      120,860     123,326     120,333

  Adjustment for dilutive                                        
  effect of outstanding stock                           
  options                           -           1,784         -         1,789

 Weighted average number of                                        
 common and common equivalent                                                                
 shares used for primary earnings 
 per share                       123,659      122,644     123,326     122,122
  
 Primary earnings (loss) per          
 common share                    ($5.99)    $     .59   ($  6.55)   $    2.14
                                    
                                                                     
Fully Diluted Earnings Per Share
                                                                     
 Earnings (Loss)                                                    
  Net income (loss) applicable          
  to common stock             ($740,159)    $  72,917  ($808,845)   $ 261,103          
                                                     
                                            
 Shares                                                             
  Weighted average number of                                         
  common sharesoutstanding       123,659      120,860     123,326     120,333
                                                                    
  Adjustment for dilutive                                        
  effect of outstanding stock                           
  options                           -           1,788         -         1,819
                                                                    
 Weighted average number of                                        
 common and common equivalent                                                                
 shares used for fully diluted  
 earnings per share              123,659      122,648     123,326     122,152
                                                                    
Fully diluted earnings (loss)       
per common share                 ($5.99)    $     .59   ($  6.55)   $    2.14
                                     
                                                                     
                                                         
                                        
                                        
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