Skip to main content

Cisco forecasts growth from software shift, but chip prices pressure profits

The company gave a fiscal 2025 revenue forecast with a midpoint of $62.9 billion, saying it expects a compound annual growth rate of 5% to 7%. Cisco predicted the same growth rate for adjusted profits, targeting a midpoint of $4.07 per share in fiscal 2025.

from Gadgets Now https://ift.tt/3EkPvQj
Labels:

Comments

Post a Comment

Popular posts from this blog

TCL 10 Pro and 10L will get Android 11 and two years of security updates

Back in April TCL made the 10 Pro and 10L official, and they went on sale earlier this month. These are the two Android smartphones that the company is primarily using to make a name for itself outside of China. While TCL has made a lot of Alcatel and BlackBerry branded handsets over the years, few people in the Western world know about it in this respect. Neither the 10 Pro nor the 10L are proper flagship devices, instead TCL is apparently emulating HMD Global's initial strategy with the revived Nokia brand - go after the mid-range first. Though nowadays even in that price segment,... from GSMArena.com - Latest articles https://ift.tt/3gf1B1q via
Post a Comment
Read more