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Cisco shrinks: Revenue, profit and margin all dipped in Q2 2017
Get out the pen, walk to the whiteboard, and draw lines heading downwards: Cisco's Q2 2017 results showed year-on-year falls in revenue and earnings, and a router business close to free-fall. Cisco shed two per cent of quarterly revenue year-on-year, from US$11.8 billion to $11.6 billion, which was at the better end of its …
COMMENTS
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Thursday 16th February 2017 22:47 GMT Anonymous Coward
Bad decisions
I used to sell Cisco products. Suddenly one day they took away our right to sell their products. No explanation and no way to change the situation.
They lost sales because of that - but they would not even explain why, let alone reinstate our ability to sell their products.
Daft is as daft does.
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Thursday 16th February 2017 22:52 GMT Anonymous Coward
I have several bits of Cisco kit. Can't update any of it. I refuse to pay absurd support contracts that are absurdly expansive.
Its cheaper to buy new competitors kit EVERY year rather than pay the Cisco support fees.
A shame really, as I wasted years training on Cisco gear and do like it.