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Posts Tagged ‘Cisco’

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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Cisco Systems, IBM, and Microsoft are expected to encounter problems touting their products in China over revelations concerning the U.S. government’s surveillance programs. Cisco is hardest hit.

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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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