It was a challenging day for investors who had to endure a 5 percent drop in the value of their Cisco stock.
However, there is a silver lining for Cisco during times of economic turmoil:
 "It's still mixed out there and things don't seem to be improving much when it comes to the overall tech spending environment," said Mark Sue - Managing Director of RBC Capital Markets. |
"For every positive data point we're uncovering, we're finding a negative one as well."
"During tough times, Cisco has been historically known to gain market share and their execution is above most of their peers."
"The company does need some tailwind nonetheless to see improving top line metrics going forward."
"And it looks like that tailwind might come next year rather than later this year."
Why do YOU think Cisco gains market share during tough times?
Advertisement: |
Brad Reese cofounded BradReese.Com Cisco Refurbished which offers one year warranties on Cisco Refurbished and Cisco Repair.
The Leader in Network Knowledge
Post new comment