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Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Oct. 26, 2024
Oct. 28, 2023
REVENUE:    
Total revenue $ 13,841 $ 14,668
COST OF SALES:    
Total cost of sales 4,720 5,111
GROSS MARGIN 9,121 9,557
OPERATING EXPENSES:    
Research and development 2,286 1,913
Sales and marketing 2,752 2,506
General and administrative 795 672
Amortization of purchased intangible assets 265 67
Restructuring and other charges 665 123
Total operating expenses 6,763 5,281
OPERATING INCOME 2,358 4,276
Interest income 286 360
Interest expense (418) (111)
Other income (loss), net 41 (83)
Interest and other income (loss), net (91) 166
INCOME BEFORE PROVISION FOR INCOME TAXES 2,267 4,442
Provision for (benefit from) income taxes (444) 804
NET INCOME $ 2,711 $ 3,638
Net income per share:    
Basic (in dollars per share) $ 0.68 $ 0.90
Diluted (in dollars per share) $ 0.68 $ 0.89
Shares used in per-share calculation:    
Basic (in shares) 3,990 4,057
Diluted (in shares) 4,013 4,087
Product    
REVENUE:    
Total revenue $ 10,114 $ 11,139
COST OF SALES:    
Total cost of sales 3,526 3,957
Services    
REVENUE:    
Total revenue 3,727 3,529
COST OF SALES:    
Total cost of sales $ 1,194 $ 1,154