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AAPL » Topics » Gain on Non-current Investments

This excerpt taken from the AAPL 10-Q filed May 4, 2005.

Gain on Non-current Investments

During the first quarter of 2004, the Company sold its remaining non-current investments in public companies consisting of 986,164 shares of Akamai Technologies for net proceeds of approximately $5 million and a gain before taxes of $4 million.  As of March 26, 2005, the Company does not have any material non-current public company investments reflected in its condensed consolidated balance sheet.

 

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