<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE CONSOLIDATED BALANCE SHEET, CONSOLIDATED STATEMENT OF OPERATIONS AND CONSOLIDATED STATEMENT OF CASH FLOWS INCLUDED IN THE COMPANY'S FORM 10-K FOR THE PERIOD ENDING JULY 25, 1998, 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-26-1997 <PERIOD-END> JUL-25-1998 <CASH> 534,652 <SECURITIES> 5,173,908 <RECEIVABLES> 1,337,709 <ALLOWANCES> 39,842 <INVENTORY> 361,986 <CURRENT-ASSETS> 3,761,924 <PP&E> 1,264,651 <DEPRECIATION> 669,302 <TOTAL-ASSETS> 8,916,705 <CURRENT-LIABILITIES> 1,766,980 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 3,220,205 <OTHER-SE> 3,886,413 <TOTAL-LIABILITY-AND-EQUITY> 8,916,705 <SALES> 8,458,777 <TOTAL-REVENUES> 8,458,777 <CGS> 2,917,617 <TOTAL-COSTS> 6,354,423 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 2,302,466 <INCOME-TAX> 952,394 <INCOME-CONTINUING> 1,350,072 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,350,072 <EPS-PRIMARY> 0.88<F1> <EPS-DILUTED> 0.84 <FN> <F1>FOR PURPOSES OF THIS STATEMENT, PRIMARY MEANS BASIC. </FN>