Abstract
The simple cubic Hubbard model is examined at zero temperature, for the case of strong interactions and average densities near but not at the half-filled band. It is shown that the ferromagnetic state which is usually assumed to be the ground state is unstable against phase separation. A new phase diagram is proposed, featuring a two-phase region in which the equilibrium state is separated into macroscopic antiferromagnetic and ferromagnetic phases (of differing density).