Chuck Robbins, the veteran salesman chosen by Cisco Systems Inc to succeed legendary CEO John Chambers, must prove he has the technical knowledge to chart a new course and lead the network equipment maker into the new world of cloud-based computing. Cisco, like tech stalwarts Hewlett-Packard Co and IBM, is trying to branch out from […]
While there may be turmoil overseas, Cisco CEO shares with Jim Cramer how the company has flourished in Europe.
Cisco, which saw its shares rise 5.6 percent in extended trading on Wednesday, has been trying to make a transition toward a new cycle of high-end switches and routers. “”We executed very well in a tough environment, and I’d say our strategy is playing out like we expected,” Chief Financial Officer Kelly Kramer told Reuters. […]
Cisco reported revenue of $12.4 billion, effectively flat from a year earlier. Wall Street on average had expected $12.1 billion, according to Thomson Reuters I/B/E/S.
Global internet traffic is set to triple by 2018, network firm Cisco has claimed – with home appliances and ultra high definition video set to boost the bandwidth we all need.
Network equipment maker Cisco Systems Inc posted a lower-than-expected 5.5 percent decline in quarterly revenue, as the company faces sluggish demand.
Even as start-ups have mushroomed in India over the last few months, the country is yet to reach the scale of intellectual property (IP) generation being seen in nations like China and Israel, technology giant Cisco CEO John Chambers said. “The Indian …
Cisco Systems Inc warned its revenue would dive as much as 10 percent this quarter, and keep contracting until after the middle of 2014, as a backlash against U.S. government spying contributed to plummeting demand in emerging markets like China. The hit comes after former U.S. spy agency contractor Edward Snowden exposed widespread surveillance by […]
BlackBerry Ltd, on the block as its smartphone business struggles, is in talks with Cisco Systems, Google Inc and SAP about selling them all or parts of itself, several sources close to the matter said. …
Stocks fell on Thursday, with the downturn accelerating late in the day after a Federal Reserve official said the central bank could begin easing up on its monetary stimulus this summer. The three major …
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