Profit Slides on Soft Sales, but Cisco
Stays Upbeat
A revamping is expected to take time to lift the
company’s results.
http://www.nytimes.com/2011/08/11/technology/ciscos-profit-falls.html
Well
folks, even Cisco is not immune to these economically challenging times. I had
no idea that as early as 2004, I think Mr. Chambers was asking himself
questions like, “Why is Google developing their own hardware?" and
"How can I continue to grow a $40b company at 12%-17% annually?"
The answer seems to be in the merger that will give them access to international markets. Ironically, my very first post was about Cisco pertaining to relevance to in the international market.
Wm00.ComThe answer seems to be in the merger that will give them access to international markets. Ironically, my very first post was about Cisco pertaining to relevance to in the international market.
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