<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 24, 1998, and is qualified in its entirety by reference to such financial statements. </LEGEND> <MULTIPLIER> 1,000,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> JUL-31-1999 <PERIOD-START> JUL-25-1998 <PERIOD-END> OCT-24-1998 <CASH> 961 <SECURITIES> 5,569 <RECEIVABLES> 1,372 <ALLOWANCES> 39 <INVENTORY> 375 <CURRENT-ASSETS> 3,998 <PP&E> 1,375 <DEPRECIATION> 754 <TOTAL-ASSETS> 9,865 <CURRENT-LIABILITIES> 1,869 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 3,520 <OTHER-SE> 4,433 <TOTAL-LIABILITY-AND-EQUITY> 9,865 <SALES> 2,588 <TOTAL-REVENUES> 2,588 <CGS> 894 <TOTAL-COSTS> 1,860 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 793 <INCOME-TAX> 275 <INCOME-CONTINUING> 518 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 518 <EPS-PRIMARY> 0.33<F1> <EPS-DILUTED> 0.31 <FN> <F1>For purposes of this statement, primary means basic. </FN>