Juniper says no change to Q4 outlook given on October 22, Reuters says
Sounds like CSCOs issues are company specific, this news somewhat encouraging. The new CEO has more customer, market and investment experience from both Verizon and Barclays. I actually think it is a good idea to get someone that knows the business and markets outside the company. They have plenty of employees that know hardware. I would expect him to do a much better job. Can he start 12-1?
The outlook we talked about in our Q3 earnings (call),there's no change as to how we'd characterize that outlooktoday," Chief Marketing Officer Brad Brooks said in aninterview.
Cisco also said on Wednesday that some customers,particularly in China, were hesitating to buy its equipmentbecause of the scandal arising from the leaking of secret U.S.government documents by Edward Snowden, a former contractor atthe National Security Agency.
"The Snowden effect is not real," Brooks said. "Our businesscontinues to grow in Asia Pac as well as China. As we look atthat business there we've not seen those types of conversationsfrom our customers.