Next quarter, Cisco ended with almost the same performance as a year earlier

Cisco reported for the next quarter. For her October 29, ended the first quarter of the 2017 financial year.

Ended with a net profit of $ 12.4 billion dollars, which is 1 % higher than a year ago. Net profit thus declined by 4%, amounting to 2.3 billion dollars. Decreased operating profit by 7% to $ 2.9 billion.

Three quarters of the income had the hardware, and the remaining quarter brought services. In the first case, registered a decline in annual terms, while the second, on the contrary, the increase in revenue. According to the results of a new quarter, the company forecasts a revenue decline of 2-4%.

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