The following audio is from a conference call that will begin on February 12, 2014 at 16:30 PM ET. The audio will stream live while the call is active, and can be replayed upon its completion.If you would like to view a transcript of this call, please click here.
Cisco (CSCO) doesn't waste time on its CC to announce it's guiding for FQ3 revenue to drop 6%-8% Y/Y, in-line with a 7.1% consensus. John Chambers mentions emerging markets orders only fell 3% Y/Y in FQ2, after dropping 12% in FQ1. However, service provider orders fell 12% after falling 13% in FQ2; that figure likely suggests additional share loss. Shares have sold off in response to the remarks. FQ2 results, details/dividend hike