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More on Cisco's FQ4 call: Europe (orders -6% Y/Y) expected to remain "very challenging" for next...

  • Wednesday, August 15, 2012, 6:02 PM ET
    More on Cisco's FQ4 call: Europe (orders -6% Y/Y) expected to remain "very challenging" for next several quarters and U.S. federal is also soft, but healthier activity from state governments, enterprises (orders +6%), SMBs (+4%), and emerging markets (+12%). Service provider demand (-1%) somewhat weak, but Cisco says it's gaining share. Switching sales flat Y/Y, routing +4%, wireless +22% (good for ARUN) collaboration -8% (bad for PLCM), data center (UCS servers) +90%. NDS expected to add $0.03 to FY13 EPS, partnership with VMW unaffected by Nicira deal. CSCO +5.1% AH.
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    Good for Cisco! I'm glad they finally took Ralph Nadar's and my advice to up the dividends to a good amount. Now, please bid up the stock to more than $20/share so someone buys my covered calls and I can watch from the sidelines.
    15 Aug 2012, 08:39 PM Reply Like
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