Ian King / Bloomberg:

Cisco reports Q1 revenue up 8% YoY to $14.7B, vs. $14.6B est., net income up 36% YoY to $3.6B, and forecasts Q2 revenue below estimates; CSCO drops 9%+  —  - Quarterly outlook comes in well short of analysts' estimates  — Corporate customers are keeping tight rein on tech spending

Ian King / Bloomberg:

Cisco reports Q1 revenue up 8% YoY to $14.7B, vs. $14.6B est., net income up 36% YoY to $3.6B, and forecasts Q2 revenue below estimates; CSCO drops 9%+  —  - Quarterly outlook comes in well short of analysts' estimates  — Corporate customers are keeping tight rein on tech spending

Source: TechMeme
Source Link: http://www.techmeme.com/231115/p45#a231115p45