Cisco luvs India too..;-)
Posted : August 9, 2005 at 8:24 pm [America/Los_Angeles]
Cisco said it saw balanced growth across its product lines and throughout its global markets, including India, where orders rose 75% from a year ago…Still, the company is facing some challenges, especially in Asia. Its sales in Japan fell to 5% of total revenue from 7% a year ago. In China, meanwhile, Cisco’s sales and orders fell as Chinese rivals took market share.
— Marketwatch.com, “Cisco net up 12% on switch sales”
As much as I am pleased to hear Cisco’s killer performance in India, the fact is things are not going to look pretty overall for Cisco in Asia until we get a better handle on our performance in China and Japan, the two largest economies of Asia. And I have a feeling that might be quite a challenging task for us.
- Anand
Category: Chindia
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