CISCO RIDES ‘NETWORKING SUPERCYCLE' FOR STRONG Q4

Summary from the TLDR IT newsletter

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.