EXHIBIT 11 			 APPLE COMPUTER, INC. 		COMPUTATION OF EARNINGS (LOSS) PER COMMON SHARE 		(Dollars in millions, except per share amounts) 			 			Fiscal Years Ended	 		September 27,		September 29,		September 30, 	 1996	 1995	 1994 		 		 	 	 Primary Earnings (Loss) Per Share			 			 			 Net income(loss) ($816)		 $424		 $310 			 Shares			 Weighted average number of common shares outstanding (in thousands)	 123,734		 121,192		 117,808 			 Adjustment for dilutive effect of outstanding stock options (in thousands)	 --		 1,855		 927 			 Weighted average number of common and common equivalent shares used for primary earnings(loss) per share (in thousands)	 123,734		 123,047		 118,735 			 Primary earnings (loss) per common and common equivalent share		 ($6.59)	 	 $3.45		 $2.61 			 Fully Diluted Earnings(Loss) Per Share			 			 Net income (loss) ($816)		 $424		 $310 			 Shares			 Weighted averages number of common shares outstanding (in thousands)	 123,734		 121,192	 	 118,735 			 Adjustment for dilutive effect of outstanding stock options (in thousands)	 --		 2,076		 1,002 			 Weighted average number of common and common equivalent shares used for fully diluted earninngs (loss) per share (in thousands)	 123,734		 123,268		 118,810 			 Fully diluted earnings(loss) per common and common equivalent share ($6.59)		 $3.44		 $2.61 				78