Apple Computer BBB Sr,A-2 CP Rtgs on S&PWatch Neg - S&P Global Ratings’ Credit Research

Apple Computer BBB Sr,A-2 CP Rtgs on S&PWatch Neg

Apple Computer BBB Sr,A-2 CP Rtgs on S&PWatch Neg - S&P Global Ratings’ Credit Research
Apple Computer BBB Sr,A-2 CP Rtgs on S&PWatch Neg
Published Dec 18, 1995
Published Dec 18, 1995
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Abstract:

NY -- Standard&Poor's CreditWire 12/18/95 -- Standard&Poor's places its triple-`B' senior debt and `A-2' commercial paper ratings of Apple Computer Inc. on CreditWatch with negative implications, following the company's recent announcement that it may report a loss for the quarter ended Dec. 31, 1995. About $760 million of total debt is affected. Although Apple has successfully managed its product line transition to the PowerPC microprocessor, significant challenges remain. Apple's recent announcement comes during what has historically been the company's strongest quarter, led by Apple's strength in the consumer market. Highly competitive personal computer (PC) industry conditions, compounded by Apple's own actions to boost market share through reduced prices, led to a sharp drop in profitability in

  
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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MLA:
S&P Global Ratings’ Credit Research. "Apple Computer BBB Sr,A-2 CP Rtgs on S&PWatch Neg" Dec 18, 1995. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Apple-Computer-BBB-Sr-A-2-CP-Rtgs-on-S-PWatch-Neg-76159>
  
APA:
S&P Global Ratings’ Credit Research. (). Apple Computer BBB Sr,A-2 CP Rtgs on S&PWatch Neg Dec 18, 1995. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Apple-Computer-BBB-Sr-A-2-CP-Rtgs-on-S-PWatch-Neg-76159>
  
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