Apollo Group Inc - Statement of Changes in Beneficial Ownership (4)

FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES	OMB APPROVAL OMB Number: 3235-0287 Expires: January 31, 2008 Estimated average burden hours per response... 0.5
	Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940

1. Name and Address of Reporting Person ^* SPERLING JOHN G	2. Issuer Name and Ticker or Trading Symbol APOLLO GROUP INC [ APOL ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) __ X __ Director __ X __ 10% Owner __ X __ Officer (give title below) _____ Other (specify below) Acting Exec Chrmn of the Board
(Last) (First) (Middle) 4615 EAST ELWOOD STREET	3. Date of Earliest Transaction (MM/DD/YYYY) 1/15/2008
(Street) PHOENIX, AZ 85040 (City) (State) (Zip)	4. If Amendment, Date Original Filed (MM/DD/YYYY)	6. Individual or Joint/Group Filing (Check Applicable Line) _ X _ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security (Instr. 3)	2. Trans. Date	2A. Deemed Execution Date, if any	3. Trans. Code (Instr. 8)		4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1.Title of Security (Instr. 3)	2. Trans. Date	2A. Deemed Execution Date, if any	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	1/15/2008		S		25000	D	$79.0589	16079468 ⁽¹⁾	D
Class A Common Stock	1/15/2008		S		25000	D	$79.479	16054468 ⁽¹⁾	D
Class A Common Stock	1/15/2008		S		25000	D	$79.6023	16029468 ⁽¹⁾	D
Class A Common Stock	1/15/2008		S		30825	D	$79.7611	15998643 ⁽¹⁾	D
Class A Common Stock	1/15/2008		S		25000	D	$80.2916	15973643 ⁽¹⁾	D
Class A Common Stock	1/15/2008		S		25000	D	$80.1153	15948643 ⁽¹⁾	D
Class A Common Stock	1/15/2008		S		25000	D	$79.9887	15923643 ⁽¹⁾	D
Class A Common Stock	1/15/2008		S		25000	D	$80.6465	15898643 ⁽¹⁾	D
Class A Common Stock	1/15/2008		S		25000	D	$80.3804	15873643 ⁽¹⁾	D
Class A Common Stock	1/15/2008		S		25000	D	$79.7802	2323886 ⁽²⁾	I	Aurora Foundation ⁽³⁾
Class A Common Stock	1/15/2008		S		25000	D	$80.256	2298886 ⁽²⁾	I	Aurora Foundation ⁽³⁾
Class A Common Stock	1/15/2008		S		25000	D	$80.1105	2273886 ⁽²⁾	I	Aurora Foundation ⁽³⁾
Class A Common Stock	1/15/2008		S		25000	D	$79.9919	2248886 ⁽²⁾	I	Aurora Foundation ⁽³⁾
Class A Common Stock	1/15/2008		S		25000	D	$80.6479	2223886 ⁽²⁾	I	Aurora Foundation ⁽³⁾
Class A Common Stock	1/15/2008		S		25000	D	$80.4344	2198886 ⁽²⁾	I	Aurora Foundation ⁽³⁾
Class A Common Stock	1/15/2008		S		25000	D	$79.4417	2173886 ⁽²⁾	I	Aurora Foundation ⁽³⁾
Class A Common Stock								1357339	I	JGS Irrevocable ⁽⁴⁾
Class A Common Stock								585974	I	JGS Revocable Trust ⁽⁵⁾

*Table II - Derivative Securities Beneficially Owned ( e.g.* , puts, calls, warrants, options, convertible securities)**
1. Title of Derivate Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	4. Trans. Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivate Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)			11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:
( 1)	Includes 50,000 shares of the Issuer's Class A common stock underlying restricted stock units awarded to the Reporting Person. The reported holdings have not been adjusted downward to reflect certain gifts of Class A common stock made by the Reporting Person during the fiscal year which began on September 1, 2007. Those gifts are eligible for deferred reporting on the Form 5 report to be filed for that fiscal year on or before October 15, 2008.
( 2)	The Aurora Foundation is a tax exempt organization under Section 501(c)(3) of the Internal Revenue Code. Accordingly, the Reporting Person disclaims any pecuniary interest in the shares subject to this transaction.
( 3)	By self as trustee of the Aurora Foundation dated May 22, 1997.
( 4)	By self as co-trustee and beneficiary of the John Sperling 1994 Irrevocable Trust dated April 27, 1994.
( 5)	By self as trustee and beneficiary of the John G. Sperling Revocable Trust dated January 31, 1995.

Reporting Owners
Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
SPERLING JOHN G 4615 EAST ELWOOD STREET PHOENIX, AZ 85040	X	X	Acting Exec Chrmn of the Board

Signatures
By: Joseph L. D'Amico For: John G. Sperling		1/17/2008
^** Signature of Reporting Person		Date

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