More on Cisco's call: Commentary is downbeat, with Cisco noting weak Euro and public sector...
Wednesday, May 9, 2012, 5:15 PM ETMore on Cisco's call: Commentary is downbeat, with Cisco noting weak Euro and public sector spending. Service provider orders +5% Y/Y, but enterprise orders -1%. Longer sales cycles and smaller deal sizes are being seen. FQ3 switch sales +5%, but router and collaboration (VoIP, telepresence, etc.) sales were flat. Asia-Pac is an area of strength, but China orders -8% Y/Y. Wireless and servers are growing quickly, but are still only 6% of sales. CSCO -9.2% AH. (more) (webcast)
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