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