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APPLE: POMMELED

How low can Apple Computer go? On July 1, shares fell to an 11-year low of 13 13/16 as bad news continued for the Cupertino (Calif.) company. Top Mac clonemaker Power Computing said it will build machines using Intel chips and Microsoft software. And Apple broke ranks with a top education market reseller June 30. Then there was a 1.5 million-share trade of Apple stock on June 26 that sparked rumors co-founder Steve Jobs had sold his stake. Jobs won't comment.

EDITED BY KELLEY HOLLAND



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CHART: Apple Computer Stock Price


Updated July 4, 1997 by bwwebmaster
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