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Cisco announce to cut long-term revenue,earnings targets

12 Décembre 2013, 23:24pm

Publié par router

As Cisco plays an more and more important role in our daliy life which help network users to solve their problem easy. Cisco has attacted lots of attention for its new trends everytime.Recently,Cisco Systems Inc announced cut its longer-term earnings and revenue growth targets due to problems in emerging markets, conservative customer spending and stalling growth in its core business of network equipment, the latest in a drumbeat of bleak developments at the Silicon Valley company.



It heared about that revenue would decline in the current and coming quarters, also reduced its target for earnings-per-share growth to a range of 5 percent to 7 percent for the same period from its previous target of 7 percent to 9 percent.


For the U.S. market, Chambers cited strong growth prospects in the enterprise market, as its sales pipeline for big deals of between $1 million to $5 million in that segment is up 20 percent or more. Enterprise customers account for about 23 percent of Cisco's overall revenue.


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