Nov 4th, 2009 - Wall Street Journal
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(This story has been posted on The Wall Street Journal Online's Digits blog at blogs.wsj.com/Digits.)
Cisco's fiscal first-quarter earnings dropped 19% to $1.8 billion, while sales fell 13% to $9 billion, but investors cheered the stronger-than-expected results. Live-blogged excerpts from the conference call follow:
6:04 pm Call ends.
6:02 pm Chambers asks a question of his own, noting that many people don't understand how clouds are going to evolve. Warrior says one key issue is how we can help enterprises and service providers deal with the fact that there will be applications consumed on-premise and off-premise.
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