More on Cisco's call: The company is encouraged by U.S. and Asia-Pac activity, though Europe...
More on Cisco's call: The company is encouraged by U.S. and Asia-Pac activity, though Europe remains weak. Americas orders only up 2% Y/Y, hurt by federal demand, but enterprises and service providers up 9% and 13%. Asia-Pac +7% (India up strong, China flat), EMEA -10%. Wireless sales +38% Y/Y (good for ARUN), collaboration -8%, hurt by telepresence (bad for PLCM), data center (UCS servers) +61%. Switching and routing sales down slightly, but ASR9000 edge routers growing fast (good for EZCH). Cisco is looking to grow its recurring revenue streams.
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