Apple losses grow

APPLE Computer Inc has said it expects to post a bigger loss in this quarter than the $69 million (£43

APPLE Computer Inc has said it expects to post a bigger loss in this quarter than the $69 million (£43.69 million) it reported in the last quarter of last year.

In a departure from usual company policy, the struggling personal computer maker also denied that it was in merger talks with any party, despite widespread reports it is seeking a combination. Apple employs 1,500 people in Cork. The once high flying personal computer maker has seen its market share and stock price tumble recently.