PRESS RELEASE February 5, 2004

Peter Oppenheimer to be Named CFO

Oppenheimer, Apple’s senior vice president of Finance, corporate controller and member of Apple’s executive team, joined Apple in July 1996 as controller for the Americas, and in 1997 was promoted to vice president and Worldwide Sales controller and then to corporate controller. Oppenheimer joined Apple from ADP, where he was CFO of one of the four strategic business units. Prior to ADP, he spent six years in the Information Technology Consulting Practice with Coopers and Lybrand where he managed financial and systems engagements for clients in the insurance, telecommunications, transportation and banking industries. Oppenheimer received a bachelor's degree from California Polytechnic University, San Luis Obispo and an M.B.A. from the University of Santa Clara, both with honors.

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