Cisco has broken all the records by earning the positive revenue on $10.4 billion on the second quarter.Revenue was up 6% from the second quarter of Cisco’s fiscal 2010 but earnings per share fell 8%. Three months ago, Cisco warned that second-quarter results would fall short of expectations due to softness in some key vertical and geographic markets.
Net sales for the first six months of fiscal 2011 were $21.2 billion, compared with $18.8 billion for the first six months of fiscal 2010. Adjusted net income for the first six months of fiscal 2011 was flat at $4.5 billion, or $0.80 per share, compared with $4.5 billion, or $0.76 per share, for the first six months of fiscal 2010.
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