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Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Apr. 27, 2019
Apr. 28, 2018
Apr. 27, 2019
Apr. 28, 2018
REVENUE:        
Revenue $ 12,958 $ 12,463 $ 38,476 $ 36,486
COST OF SALES:        
Total cost of sales 4,785 4,704 14,384 13,802
GROSS MARGIN 8,173 7,759 24,092 22,684
OPERATING EXPENSES:        
Research and development 1,659 1,590 4,824 4,706
Sales and marketing 2,403 2,325 7,084 6,894
General and administrative 541 561 1,261 1,601
Amortization of purchased intangible assets 39 67 112 188
Restructuring and other charges 18 82 282 332
Total operating expenses 4,660 4,625 13,563 13,721
OPERATING INCOME 3,513 3,134 10,529 8,963
Interest income 331 380 1,003 1,155
Interest expense (211) (237) (655) (719)
Other income (loss), net (18) (24) (10) 48
Interest and other income (loss), net 102 119 338 484
INCOME BEFORE PROVISION FOR INCOME TAXES 3,615 3,253 10,867 9,447
Provision for income taxes 571 562 1,452 13,140
NET INCOME (LOSS) $ 3,044 $ 2,691 $ 9,415 $ (3,693)
Net income (loss) per share:        
Basic (in dollars per share) $ 0.70 $ 0.56 $ 2.11 $ (0.76)
Diluted (in dollars per share) $ 0.69 $ 0.56 $ 2.09 $ (0.76)
Shares used in per-share calculation:        
Basic (in shares) 4,370 4,791 4,468 4,892
Diluted (in shares) 4,415 4,844 4,509 4,892
Product        
REVENUE:        
Revenue $ 9,722 $ 9,304 $ 28,885 $ 27,067
COST OF SALES:        
Total cost of sales 3,693 3,625 11,106 10,594
Service        
REVENUE:        
Revenue 3,236 3,159 9,591 9,419
COST OF SALES:        
Total cost of sales $ 1,092 $ 1,079 $ 3,278 $ 3,208