Cisco Systems Earnings Indicate Coming Economic Rebound
Earlier this month, Cisco Systems announced its Q2FY21 financial results, and the numbers were strong but not spectacular. While there are lots of publicly-traded companies in the markets Cisco populates (networking, security, collaboration, service providers), the company is viewed by many as a bellwether for tech spending because its portfolio is so broad. In fact, in many of the segments in which it sells products, it is the de facto standard market-share leader. So as goes Cisco, so goes the industry. I provided some detail on the quarterly results–in addition to my thoughts on what the...