Results from Cisco post the market bell, down in after hours trade, but comfortably ahead in normal market trade. Ahead of expectations and I have seen several houses up their forecasts for the full year. Expect somewhere around 170 US cents for the full year. Why would you want to own this company? If you believe that the internet and telecommunications space is going to continue to hot up, Cisco are the people that make the best routing hardware and software. As per their website:
As market transitions evolve so do our product offerings - all to best meet customer needs. Over time, Cisco has evolved from Enterprise and Service Provider solutions to addressing customer needs in many other segments including Small, Consumer and Commercial. The network has truly become the platform for providing one seamless, transparent customer experience. As a result, Cisco and Cisco technology is changing the way we work, live, play and learn. We strive to be "Best in the World" and "Best for the World" - offering solutions that meet customer needs, exceed their expectations and contribute to the world in a positive way. Connecting and collaborating with others is a key element of Cisco's culture. Making the world a smaller place through technology and using it to enhance life experiences. That's the "Human Network" - a place where everyone is connected.