Friday, May 14, 2010
Cisco Overcomes Economic Challenges
However, Cisco also noted that the quarter ending May 1 had 14 weeks compared with 13 weeks in the equivalent quarter of 2009, which "probably" contributed 4 to 5 percentage points of the 27% year-over-year growth.
Cisco forecast that its revenue in the quarter ending September 1 will grow between 25% and 28% year-on-year to between 10.68 billion and 10.93 billion dollars, boosted by the acquisition of Tandberg, which Cisco expects to contribute around $200 million in revenue. sources: Cisco statement and Cisco transcript
Labels: More telecoms equipment
WHERE WE'RE HEADED: TELECOMS TRENDS AROUND THE WORLD: SUBSCRIBE HERE