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Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Oct. 24, 2020
Oct. 26, 2019
REVENUE:    
Total revenue $ 11,929 $ 13,159
COST OF SALES:    
Total cost of sales 4,348 4,695
GROSS MARGIN 7,581 8,464
OPERATING EXPENSES:    
Research and development 1,612 1,666
Sales and marketing 2,217 2,480
General and administrative 544 519
Amortization of purchased intangible assets 36 36
Restructuring and other charges 602 184
Total operating expenses 5,011 4,885
OPERATING INCOME 2,570 3,579
Interest income 174 273
Interest expense (112) (178)
Other income (loss), net 49 12
Interest and other income (loss), net 111 107
INCOME BEFORE PROVISION FOR INCOME TAXES 2,681 3,686
Provision for income taxes 507 760
NET INCOME $ 2,174 $ 2,926
Net income per share:    
Basic (in dollars per share) $ 0.51 $ 0.69
Diluted (in dollars per share) $ 0.51 $ 0.68
Shares used in per-share calculation:    
Basic (in shares) 4,230 4,246
Diluted (in shares) 4,244 4,273
Product    
REVENUE:    
Total revenue $ 8,587 $ 9,878
COST OF SALES:    
Total cost of sales 3,206 3,524
Services    
REVENUE:    
Total revenue 3,342 3,281
COST OF SALES:    
Total cost of sales $ 1,142 $ 1,171