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Cisco Warns, The VAR Guy Sulks
As Cisco’s channel team gathers in Portugal to meet with media, downbeat financial news surfaced back in the states. Sure, Cisco’s latest quarterly earnings met expectations. But CEO John Chambers (pictured) warned that revenue could fall as much as 10 percent in the current quarter as the economic downturn spreads to Europe and Asia, Reuters reported. Time for The VAR Guy to pop sum Tums. Here’s why.
