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Cisco Steps Up Consumer Push
Danilo
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5-15-2007 4:14 AM
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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/0b5341d5-b47d-43a2-b5cb-11b5e6875b18/B25A1460-AFE3-4DF0-81E9-399D6B4AA9DD/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.businessweek.com/technology/content/may2007/tc20070509_291819.htm" href="http://www.businessweek.com/technology/content/may2007/tc20070509_291819.htm" style="font-size: 11px;">www.businessweek.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.businessweek.com/technology/content/may2007/tc20070509_291819.htm"><H1>Cisco Steps Up Consumer Push</H1></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.businessweek.com/technology/content/may2007/tc20070509_291819.htm"><div align="center"><img src="http://content7.clipmarks.com/blog_cache/www.businessweek.com/img/8BC6A5C4-9782-4093-B1E7-574332F18F5E" alt="BusinessWeek.com logo" /></div></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.businessweek.com/technology/content/may2007/tc20070509_291819.htm"><H2> CEO Chambers is readying a souped-up set-top box as part of the networking company's deepest push yet into the living room </H2></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.businessweek.com/technology/content/may2007/tc20070509_291819.htm"><P> It was less than an hour after Cisco Systems Chief Executive <A href="http://investing.businessweek.com/businessweek/research/stocks/people/person.asp?personId=642553&symbol=CSCO">John Chambers</A> released impressive third-quarter results, but the stock was slumping on disappointment with his forecast for the current period. Last quarter, sales jumped 21%, yet Chambers was calling for growth of 15% to 16% this quarter—and was unwilling to tweak his long-term growth target of 10% to 15%. </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.businessweek.com/technology/content/may2007/tc20070509_291819.htm"><P> Chambers conceded during a call with analysts that with several areas of the business growing at a faster pace, it would be enticing to issue a higher long-term forecast. "But I'm going to resist the temptation," Chamber says. "I don't want expectations to get ahead of our ability to deliver." Having been through the dot-com bust early in the decade, Chambers knows all too well that healthy growth rates today can lay the groundwork for disappointments tomorrow. </P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;"> </td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/B25A1460-AFE3-4DF0-81E9-399D6B4AA9DD/blog/" title="blog or email this clip"><img src="http://content8.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>
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