Tag Archives: csco

Cisco Systems Gets Boost From Data Center, Switching

Cisco Systems (CSCO) remains a work in progress after the No. 1 networking gear maker late Wednesday posted fiscal Q1 earnings and sales that beat analyst estimates, while its outlook for the current quarter fell short of views. Analysts saw some positives in the results for the quarter ended Oct. 25, led by increasing revenue for Cisco’s data center and switching units. After falling more than 1% in after-hours trading Wednesday, Cisco stock was

Cisco Systems Outlook Soft On Slower Telecom Spending

Cisco Systems late Wednesday edged fiscal Q1 earnings and sales views, but its guidance for the current quarter missed as it struggles to recharge growth. The No. 1 maker of networking gear said demand for its core hardware products from service providers slowed, as did sales in China. Cisco Systems (CSCO) stock, down a small fraction in Wednesday’s regular session, was down more than 1% in after-hours trading after the company released results

Cisco Systems: Cloud Will House Most Data By 2018

Cisco Systems is hoping to cash in on the cloud by making clear to its customers just how fast cloud data storage will grow in its fourth cloud index report. The No. 1 maker of networking gear is set to release its latest forecast early Tuesday. Cisco Systems (CSCO) predicts that by 2018 more than three-quarters of all company information will be processed via the Internet cloud rather than on internal company computer servers. Cisco’s fourth