Cisco's Wired For $23 If Profit Margins Improve In Wednesday's Earnings

Forbes Tuesday 8th May, 2012

Juniper Networks continue to reel under the macro-economic uncertainty which has forced enterprises to cut spending on network infrastructure, Cisco has managed to hold its own. The company's revenues have grown at a healthy rate y-o-y over the past four quarters and even managed to beat analyst expectations last quarter. However, while gross margins have remained fairly stable, operating margins have fluctuated as the company underwent a restruc...

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