Cisco: Product sales jump, so do some prices
Cisco’s 4Q and year-end financial reports highlight growth in many categories that are important to enterprise customers including wireless, campus switching, routing and security products. CEO Chuck Robbins said that the company’s fourth quarter boasts the strongest product-order growth rate the company has seen in over a decade, citing a 30% product order growth year on year, and more than 17% order growth versus pre-COVID Q4 fiscal 19 product bookings. “In Q4, we saw double-digit…
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