Cisco Systems Inc | DataProtectionCenter.com

Cisco cuts long-term revenue growth target to 3-6 percent

12

Dec

2013

NEW YORK (Reuters) – Cisco Systems Inc on Thursday cut its longer-term revenue growth target to a range of 3 percent to 6 percent per year from its previous range of 5 percent to 7 percent. Chief Financial Officer Frank Calderoni cited macro-economic pressure in emerging markets, conservative customer budgets and service provider market dynamics […]

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HP may have yet another problem: China

24

Nov

2013

By Poornima Gupta SAN FRANCISCO (Reuters) – Signs of rapidly worsening Chinese demand for IT giants IBM and Cisco Systems Inc are starting to spook Hewlett-Packard investors. HPs year-long stock rally sputtered last week amid fears a faster-than-anticipated slowdown in emerging markets, above all China, may dash the computing giants hopes for a return to […]

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Spy scandal weighs on U.S. tech firms in China, Cisco takes hit

14

Nov

2013

By Matthew Miller SINGAPORE (Reuters) – U.S. technology companies including Cisco Systems Inc and IBM Corp are facing unprecedented difficulties selling their goods and services in China, as fallout from the U.S. spying scandal starts to take a toll. Cisco said on Wednesday that its revenue would drop 10 percent this quarter, and continue to […]

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Cisco cuts long-term revenue growth target to 3-6 percent

HP may have yet another problem: China

Spy scandal weighs on U.S. tech firms in China, Cisco takes hit

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