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INCOME STATEMENTS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2019
Dec. 31, 2018
Revenue $ 36,906 $ 32,471 $ 69,961 $ 61,555
Cost of revenue 12,358 12,423 22,764 22,328
Gross margin 24,548 20,048 47,197 39,227
Research and development 4,603 4,070 9,168 8,047
Sales and marketing 4,933 4,588 9,270 8,686
General and administrative 1,121 1,132 2,182 2,281
Operating income 13,891 10,258 26,577 20,213
Other income, net 194 127 194 393
Income before income taxes 14,085 10,385 26,771 20,606
Provision for income taxes 2,436 1,965 4,444 3,362
Net income $ 11,649 $ 8,420 $ 22,327 $ 17,244
Earnings per share:        
Basic $ 1.53 $ 1.09 $ 2.93 $ 2.24
Diluted $ 1.51 $ 1.08 $ 2.90 $ 2.22
Weighted average shares outstanding:        
Basic 7,621 7,692 7,628 7,683
Diluted 7,691 7,768 7,701 7,767
Product        
Revenue $ 18,255 $ 16,219 $ 34,023 $ 33,518
Cost of revenue 4,966 5,885 8,271 9,534
Service and Other        
Revenue 18,651 16,252 35,938 28,037
Cost of revenue $ 7,392 $ 6,538 $ 14,493 $ 12,794