New markets for Cisco not generating revenue, Chambers says

It's interesting to listen to Cisco CEO John Chambers during conference calls.

I've got to admit that I've been "kind of harsh" when blogging about Cisco CEO John Chambers lately. So thought I'd loosen up this time and blog about interesting statements made by Chambers. Racking my brain, I kept thinking about John Chambers and his duck quacking! How in the heck could I find something as interesting as that to blog about? Well, I think I've found it. Interesting statements (at least in my opinion) made by John Chambers during Cisco's earnings call. Listening to the Cisco earnings conference call over the phone, I thought for sure that the following quotes were very interesting statements made by Chambers, you be the judge on just how interesting they are: Interesting Statement Number 1:

"We're back to record profits and we did that during a very tough time and that's still with allocating a huge amount of our resources to parallel areas, new market adjacencies that don't generate any revenue. So our collaboration model is working."

Allocating a huge amount of resources to new market adjacencies that don't generate any revenue, now that's interesting in my opinion, do you agree? Interesting Statement Number 2:

"We were very pleased with this when you consider that out of the 30 plus market adjacencies we’re moving into. Many of them do not have any measurable material revenue contribution at this time. Even though we’ve allocated a large amount of head count to these new market adjacencies."

Again, 30 plus market adjacencies that have been allocated a large amount of head count that don't generate any measurable material revenue, now that's interesting, do you agree?


What's your take, do you agree with me that these are interesting statements?

BradReese.Com Cisco Refurbished - Enabling Affordable Cisco Networks Check with us, when you have failed Cisco equipment. We repair Cisco at the component level. Contact: Brad Reese

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