<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> JUL-31-1999 <PERIOD-START> AUG-01-1998 <PERIOD-END> JUL-31-1999 <CASH> 518,305 <SECURITIES> 736,444 <RECEIVABLES> 73,784 <ALLOWANCES> (10,739) <INVENTORY> 4,931 <CURRENT-ASSETS> 1,585,780 <PP&E> 204,303 <DEPRECIATION> (95,452) <TOTAL-ASSETS> 2,328,241 <CURRENT-LIABILITIES> 781,130 <BONDS> 36,308 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 625 <OTHER-SE> 1,510,185 <TOTAL-LIABILITY-AND-EQUITY> 2,328,248 <SALES> 847,568 <TOTAL-REVENUES> 847,568 <CGS> 201,368 <TOTAL-COSTS> 209,143 <OTHER-EXPENSES> 618,539 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 18,252 <INCOME-PRETAX> 617,349 <INCOME-TAX> (240,800) <INCOME-CONTINUING> 376,549 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 376,549 <EPS-BASIC> 2.06 <EPS-DILUTED> 1.97