Step 1: Calculate the first and second partial derivatives.
The first partial derivatives of \( f(x, y) = x^3 + 2xy + y^3 \) are:
\[
f_x = 3x^2 + 2y, \quad f_y = 2x + 3y^2.
\]
At the saddle point, \( f_x = 0 \) and \( f_y = 0 \). Setting these equal to zero gives:
\[
3x^2 + 2y = 0, \quad 2x + 3y^2 = 0.
\]
Step 2: Solve for the critical points.
Solving these equations gives the critical point \( (0, 0) \).
Step 3: Use the second derivative test.
The second partial derivatives are:
\[
f_{xx} = 6x, \quad f_{yy} = 6y, \quad f_{xy} = 2.
\]
At \( (0, 0) \), we calculate the determinant of the Hessian matrix:
\[
D = f_{xx} f_{yy} - (f_{xy})^2 = (0)(0) - (2)^2 = -4.
\]
Since \( D<0 \), \( (0, 0) \) is a saddle point.
Step 4: Conclusion.
Thus, the correct answer is \( \boxed{(A)} (0, 0) \).