It’s the same old story, same old song and dance, my friends. Yet another technology supplier’s earnings are suffering the impact of a down economy.
Sales, tracked through Jan. 24, also fell by 8 percent to $9.09 billion. With no end in sight to the recession, many end users are waiting to upgrade their networks, a reality that’s hurting next-gen suppliers such as Cisco. And given Cisco’s status as the largest networking vendor, it is considered a leading indicator for its peers’ performance.
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May 22 2018 @ 16:40:08 UTC