Hardware headwinds hurt Cisco as revenue dips two per cent in Q1
https://www.theregister.co.uk/2017/11/16/cisco_q1_2018/
Cisco suffered a decline in revenue for Q1 2018, weighed down by ongoing weakness in its switch and router business.
The company reported first quarter 2018 revenue of US$12.1 billion, which was two per cent down on the first quarter 2017. Total product revenue of $9.05 was down three per cent year-on-year, while services grew one per cent to $3.08 billion.
Hardware headwinds hurt Cisco as revenue dips two per cent in Q1
Nov 16, 2017, 2:18am UTC
https://www.theregister.co.uk/2017/11/16/cisco_q1_2018/
>Cisco suffered a decline in revenue for Q1 2018, weighed down by ongoing weakness in its switch and router business.
>The company reported first quarter 2018 revenue of US$12.1 billion, which was two per cent down on the first quarter 2017. Total product revenue of $9.05 was down three per cent year-on-year, while services grew one per cent to $3.08 billion.