TLDR Tech / IT
Cisco rides ‘networking supercycle' for strong Q4
Cisco reported record quarterly revenue of $17.3 billion as networking product orders jumped 40% year over year, with campus orders up 20% and data center networking orders rising 25% for the year. Cisco says only about 7% of its campus switching installed base has been refreshed so far, suggesting the broader enterprise upgrade cycle is still early.
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