Sue of RBC Says Cisco Faces 'Tough' Sales Environment: Video

Mark Sue, an analyst at RBC Capital Markets, talks with Bloomberg's Carol Massar in New York about Cisco Systems Inc.'s second-quarter profit reported yesterday, forecast for third-quarter sales and stock performance. The biggest maker of computer-networking equipment said net income climbed 7.2 percent to $2.06 billion, or 33 cents a share, meeting analysts' estimates. Chief Executive Officer John Chambers forecast sales growth of 10 percent in the third quarter, trailing the average analyst projection of 15 percent. Bloomberg's Julie Hyman also speaks. (Source: Bloomberg)

Bloomberg | February 7, 2008

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