UNITED STATES SECURITIES AND EXCHANGE COMISSION WASHINGTON, DC 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: 03/31/2013 Check here if Amendment [ ]; Amendment Number: 1 This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Appaloosa Management L.P. Address: 51 JFK Parkway, Suite 250B Short Hills, NJ 07078 13F File Number: The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Michael L. Palmer Title: Chief Financial Officer Phone: 973-701-7000 Signature, Place and Date of Signing: Michael L. Palmer Short Hills, New Jersey 05/15/2013 Report Type (check only one): [X ] 13F Holdings Report [ ] 13F Notice [ ] 13F Combination Report List of Other Managers Reporting for this Manager: I AM SIGNING THIS REPORT AS REQIURED BY THE SECURITIES EXCHANGE ACT OF 1934. FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 64 Form 13F Information Table Value Total: 4,716,695,000 Name of Issuer Title of Class CUSIP Fair Market Shares or Investment Discretion Managers Voting Authority (Shares) Number Value Principal (a) Sole (b) Shared - (c) Shared - (a) Sole (b) Shared (c) None Amount As Defined Other ------------------------------------- ---------------- -------------- --------- ---------- ---- American International Group COM NEW 026874784 167,937 4,326,055 x 4,326,055 Apple Inc COM 037833100 239,020 540,000 x 540,000 Ashland Inc COM 044209104 14,360 193,265 x 193,265 Bank of America Corp COM 060505104 30,243 2,483,008 x 2,483,008 Beazer Homes USA Inc COM NEW 07556Q881 20,182 1,274,095 x 1,274,095 Berry Plastics Group Inc COM 08579W103 25,243 1,325,100 x 1,325,100 Boyd Gaming Corp COM 103304101 15,467 1,870,254 x 1,870,254 Broadcom Corp CL A 111320107 125,506 3,620,025 x 3,620,025 Calumet Specialty Products Partners LP UT LTD PARTNER 131476103 24,958 670,010 x 670,010 Celanese Corp COM SER A 150870103 46,364 1,052,524 x 1,052,524 CF Industries Holdings Inc COM 125269100 9,131 47,967 x 47,967 Check Point Software Tech Lt ORD M22465104 29,130 619,911 x 619,911 Chimera Investment Corp COM 16934Q109 14,558 4,563,490 x 4,563,490 Citigroup Inc PUT 172967954 160 10,000 x 10,000 Citigroup Inc COM NEW 172967424 376,905 8,519,547 x 8,519,547 Comcast Corp CL A 20030N101 68,896 1,640,000 x 1,640,000 Dean Foods Co COM 242370104 27,869 1,537,199 x 1,537,199 Delphi Automotive PLC SHS G27823106 39,315 885,483 x 885,483 Delta Air Lines Inc COM NEW 247361702 162,196 9,824,135 x 9,824,135 EMC Corp COM 268648102 96,474 4,038,269 x 4,038,269 Fluor Corp COM 343412102 13,414 202,227 x 202,227 Ford Motor Co. COM PAR $0.01 345370860 154,118 11,719,973 x 11,719,973 Foster Wheeler AG COM H27178104 11,516 504,001 x 504,001 Fusion-io Inc COM 36112J107 28,851 1,762,422 x 1,762,422 General Motors Corp *W EXP 07/10/201 37045V118 3,250 175,561 x 175,561 General Motors Corp *W EXP 07/10/201 37045V126 2,070 175,561 x 175,561 General Motors Corp COM 37045V100 158,057 5,681,400 x 5,681,400 Goodyear Tire & Rubber Co. COM 382550101 192,060 15,230,801 x 15,230,801 Goodyear Tire & Rubber Co. CALL 382550901 115 10,000 x 10,000 Google Inc CL A 38259P508 146,975 185,100 x 185,100 HCA Holdings Inc COM 40412C101 175,746 4,325,532 x 4,325,532 Hess Corp COM 42809H107 34,337 479,500 x 479,500 Huntsman Corp COM 447011107 137,566 7,400,000 x 7,400,000 JPMorgan Chase & Co COM 46625H100 47,460 1,000,000 x 1,000,000 KBR Inc. COM 48242W106 14,495 451,825 x 451,825 Lincoln National Corp COM 534187109 12,545 384,683 x 384,683 Masco Corp COM 574599106 70,875 3,500,000 x 3,500,000 MetLife Inc COM 59156R108 175,031 4,603,658 x 4,603,658 MFA Financial Inc COM 55272X102 8,139 873,283 x 873,283 MGM Mirage COM 552953101 90,730 6,899,615 x 6,899,615 Microsoft Corp COM 594918104 99,715 3,485,314 x 3,485,314 MPG Office Trust Inc COM 553274101 11,273 4,099,174 x 4,099,174 Mueller Water Products Inc. COM SER A 624758108 43,838 7,392,568 x 7,392,568 NetApp Inc COM 64110D104 24,418 714,799 x 714,799 Owens Corning Inc COM 690742101 106,599 2,703,509 x 2,703,509 Prudential Financial Inc COM 744320102 50,440 855,056 x 855,056 QUALCOMM Inc COM 747525103 199,507 2,979,941 x 2,979,941 Sandisk Corp COM 80004C101 67,100 1,220,000 x 1,220,000 Sealed Air Corp COM 81211K100 32,440 1,345,485 x 1,345,485 Silver Bay Realty Trust Corp COM 82735Q102 2,475 119,560 x 119,560 SPDR S&P 500 ETF Trust TR UNIT 78462F103 131,090 837,366 x 837,366 SPDR S&P 500 ETF Trust PUT 78462F953 9,447 180,531 x 180,531 SPDR S&P 500 ETF Trust CALL 78462F903 7,000 10,000 x 10,000 Tenneco Inc COM 880349105 4,578 116,448 x 116,448 Teradyne Inc COM 880770102 6,141 378,596 x 378,596 The Hartford Financial Services Group *W EXP 06/26/201 416515120 21,798 1,275,475 x 1,275,475 The Hartford Financial Services Group COM 416515104 136,855 5,304,459 x 5,304,459 Transocean Inc. REG SHS H8817H100 133,026 2,560,167 x 2,560,167 Two Harbors Investment Corp COM 90187B101 30,768 2,440,000 x 2,440,000 United Continental Holdings Inc. COM 910047109 272,361 8,508,613 x 8,508,613 US Airways Group Inc COM 90341W108 181,525 10,696,829 x 10,696,829 Valero Energy Corp COM 91913Y100 11,236 247,000 x 247,000 Weatherford Intl Ltd REG SHS H27013103 55,445 4,567,141 x 4,567,141 Whirlpool Corp COM 963320106 66,359 560,180 x 560,180