NY -- Standard&Poor's CreditWire 6/9/98 -- Standard&Poor's today revised its outlook on Apple Computer Inc. to positive from negative. The outlook revision reflects Apple's improved profitability and financial flexibility. Cupertino, Calif.-based Apple's ratings reflect ongoing revenue declines and history of operating losses. Apple has been struggling with extremely competitive industry conditions and declining market share. Although Apple has a strong position in the education and desktop publishing markets, its market presence in the higher-growth corporate and consumer markets is weak and declining. Apple has made significant progress in reducing staff and operating costs, but revenue growth and longer term viability are dependent on the success of a limited range of new product offerings. The company reported
