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What you need to know: This weblog captures key data points about the global telecoms industry. I use it as an electronic notebook to support my work for Pringle Media.

Friday, August 14, 2009

Turning Point for Cisco?

Cisco said last week that its sales in the quarter ending July 25 fell 18% year-on-year to 8.5 billion US dollars, but John Chambers, the telecom equipment maker's CEO, said that there were a number of positive signs in the economy and that the quarter may prove to have been a turning point for Cisco's business. source: Cisco statement
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