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JOD8FY said:
It's in the same place as it is on windows. In the upper right hand corner-ish area. It says "delete" (without the quotes) on the button.

JOD8FY

That's on the Apple Pro Keyboard. He has a PowerBook keyboard. There is no seperate "delete" key besides the "backspace/delete" key. To "delete," use (fn)+"backspace/delete" key.
 
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