<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE CONSOLIDATED BALANCE SHEET AND CONSOLIDATED STATEMENT OF OPERATIONS INCLUDED IN THE COMPANY'S FORM 10-Q FOR THE PERIOD ENDED OCTOBER 25, 1997, AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> JUL-25-1998 <PERIOD-START> JUL-27-1997 <PERIOD-END> OCT-25-1997 <CASH> 378,196 <SECURITIES> 3,212,619 <RECEIVABLES> 1,169,097 <ALLOWANCES> 21,815 <INVENTORY> 241,122 <CURRENT-ASSETS> 3,602,932 <PP&E> 940,402 <DEPRECIATION> 473,252 <TOTAL-ASSETS> 6,175,230 <CURRENT-LIABILITIES> 1,329,537 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 1,946,082 <OTHER-SE> 2,857,349 <TOTAL-LIABILITY-AND-EQUITY> 6,175,230 <SALES> 1,868,717 <TOTAL-REVENUES> 1,868,717 <CGS> 652,181 <TOTAL-COSTS> 1,393,438 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 517,746 <INCOME-TAX> 181,211 <INCOME-CONTINUING> 336,535 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 336,535 <EPS-PRIMARY> 0.48 <EPS-DILUTED> 0.00