Tag Archives: csco

Cisco Pricing Model ‘Disruptive’ Amid ‘Brutal’ IT

Cisco Systems (CSCO) CEO John Chambers on Tuesday predicted “brutal” consolidation within the IT industry, as the company unveiled a new software pricing model and analysts mulled the fallout from the National Security Agency’s alleged eavesdropping on its computer networking business. “You are going to see a brutal, brutal consolidation of the IT industry where out of the top five players, only two or three of us will be meaningful in as quick as

Investors Warming To Cisco Systems After Q3 Beat

Investors appear to be warming up to Cisco Systems (CSCO) after the company demonstrated some signs of renewed vigor when it reported its third-quarter numbers after the market close on Wednesday. The global computer networking company’s Q3 report beat analyst estimates on the top and bottom lines with a year-over-year decline in revenue nearly 2% less than Wall Street expected. The outlook was more of the same, with a revenue decline less than

Cisco Systems A Work In Progress In Third Quarter

Cisco Systems (CSCO) remains a work in progress as it heads into reporting its fiscal third-quarter numbers after the market close on Wednesday. The global computer networking giant is in a transition as it tries to reaccelerate its revenue growth using emerging areas of the company — including data center, mobile and security — to offset declining growth in its core routing and switching, which still comprise the bulk of its revenue. Cisco is