Everybody hold your breath. Cisco Systems is set to announce financial results on May 6. Most observers are cautiously optimistic. If everything goes as planned, Wall Street will breathe a collective sigh of relief. But if CEO John Chambers is in another “lumpy” mood, things could get really ugly real fast.
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About a year ago, Cisco CEO John Chambers predicted his company’s competitive landscape would shift from networking firms to software and Web 2.0 companies. Apparently, Chambers was right: Recent financial results from numerous networking companies suggest many of Cisco’s old rivals are falling off a cliff. Here’s a look behind the numbers.
The VAR Guy can’t help but laugh a bit when he reads IT coverage that’s completely out of touch with Wall Street coverage. The latest example involves Netgear.
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