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Segment Information and Major Customers (Tables)
9 Months Ended
Apr. 27, 2024
Segment Reporting [Abstract]  
Reportable Segments
Summarized financial information by segment for the third quarter and first nine months of fiscal 2024 and 2023, based on our internal management system and as utilized by our Chief Operating Decision Maker (“CODM”), is as follows (in millions):
Three Months EndedNine Months Ended
April 27,
2024
April 29,
2023
April 27,
2024
April 29,
2023
Revenue:
Americas$7,372 $8,634 $23,904 $24,372 
EMEA3,458 3,806 10,606 11,209 
APJC1,873 2,131 5,652 6,214 
Total$12,702 $14,571 $40,161 $41,795 
Gross margin:
Americas$5,006 $5,545 $15,906 $15,449 
EMEA2,406 2,536 7,324 7,330 
APJC1,262 1,415 3,816 3,986 
Segment total8,673 9,495 27,046 26,764 
Unallocated corporate items(400)(263)(999)(759)
Total$8,273 $9,232 $26,047 $26,005 
Net Sales for Groups of Similar Products and Services The following table presents this disaggregation of revenue (in millions):
Three Months EndedNine Months Ended
April 27,
2024
April 29,
2023
April 27,
2024
April 29,
2023
Product revenue:
Networking$6,522 $8,982 $22,425 $25,105 
Security1,304 958 3,288 2,872 
Collaboration987 985 3,093 3,029 
Observability211 167 589 486 
Total Product9,024 11,092 29,395 31,492 
Services3,678 3,479 10,766 10,303 
Total$12,702 $14,571 $40,161 $41,795 
The following table presents revenue for groups of similar products and services (in millions):
Three Months EndedNine Months Ended
April 27,
2024
April 29,
2023
April 27,
2024
April 29,
2023
Revenue:
Networking$6,522 $8,982 $22,425 $25,105 
Security1,304 958 3,288 2,872 
Collaboration987 985 3,093 3,029 
Observability211 167 589 486 
Total Product9,024 11,092 29,395 31,492 
Services3,678 3,479 10,766 10,303 
Total$12,702 $14,571 $40,161 $41,795