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Technology Stocks : Apple Inc.
AAPL 286.23+1.0%Dec 2 3:59 PM EST

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To: Kok Chen who wrote (8861)2/27/1998 9:19:00 AM
From: Linda Kaplan  Read Replies (2) of 213173
 
Headline: Apple Discontinues Development of Newton OS

======================================================================
CUPERTINO, Calif., Feb. 27 /PRNewswire/ -- Apple Computer, Inc.
(NASDAQ:AAPL) today announced it will discontinue further development of the
Newton operating system and Newton OS-based products, including the MessagePad
2100 and eMate 300.
"This decision is consistent with our strategy to focus all of our
software development resources on extending the Macintosh operating system,"
said Steve Jobs, Apple's interim CEO. "To realize our ambitious plans we must
focus all of our efforts in one direction."
Apple is committed to affordable mobile computing, pioneered by the eMate,
and will be serving this market with Mac OS-based products beginning in 1999.
Apple will continue to market and sell its current inventory of MessagePad
2100 and eMate 300 computers, as well as to provide support for their
installed base of users. The Company is committed to working with its
customers and developers to ensure a smooth transition to Mac OS-based
products.
Apple Computer, Inc. ignited the personal computer revolution in the 1970s
with the Apple II, and reinvented the personal computer in the 1980s with the
Macintosh. Apple is now recommitted to its original mission -- to bring the
best personal computing products and support to students, educators,
designers, scientists, engineers, businesspersons and consumers in over
140 countries around the world.
The statements in this document regarding future products and strategy are
forward looking and subject to risk and uncertainty. Potential risks and
uncertainties include, without limitation, the demand from consumers and
businesses and competitive factors. For a detailed discussion of factors that
may affect the Company's operating results, interested parties should review
the Company's SEC reports, including Apple's Annual Report on Form 10-K for
the year ended September 26, 1997, as well as the Form 10-Q for the quarter
ended December 26, 1997.
NOTE: Apple, the Apple logo, eMate, Macintosh, MessagePad, and Newton are
registered trademarks of Apple Computer, Inc. Additional company and product
names may be trademarks or registered trademarks of the individual companies
and are respectfully acknowledged.

SOURCE Apple Computer, Inc.
-0- 02/27/98
/NOTE TO EDITORS: For additional information visit Apple's website
(www.apple.com/pr/), call Apple's Media Helpline at 408-974-2042, or contact
Cara Lewis at the Company's PR agency, Niehaus Ryan Group, Inc., 650-827-7052/
/CONTACT: Tami Begasse, 408-974-3156, or begasse@apple.com, or Katie
Cotton, 408-974-7269, or katiec@apple.com, both of Apple Computer, Inc./
/Web site: apple.com
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