John Chambers
John Chambers
change fewer movement networking seeing
We won't change at all, ... We feel consolidation will continue. We're seeing more and more movement to fewer networking vendors.
proves strategy terms video
This proves our strategy is working in terms of the convergence of voice, video and data.
continues gain global momentum recovery
recovery continues to gain momentum on a global basis.
architecture blurred business consistent customer customers designed family help improve line position product products provide segments served structure unique united
Our line of business structure has served us very well in the past, when customer segments and product requirements were very distinct. Today, the differences have blurred between these customer segments and Cisco is in a unique position to provide the industry's broadest family of products united under a consistent architecture designed to help our customers improve productivity and profitability.
adviser becoming believe business clear compelling confident customers economy economy-and-economics global provide strategic technology value
It is becoming increasingly clear that the global economy is improving, ... As customers feel more confident to invest, we believe that we are well positioned to provide compelling value as a strategic business adviser and technology partner.
changing guidance remind room
Let me remind everyone in this room that we are not changing guidance,
home quarter
From an operational perspective, this quarter was a home run,
amount bit caribbean case coverage credit eastern exchange fixed foreign greater jamaica level rate require reserve smaller zone
For those that have fixed exchange-rate regimes, you will need a greater amount of foreign reserves. That's the case in Belize, it's the case in the Eastern Caribbean zone and it's also the case in Barbados. In those cases, the level of reserve coverage is one of credit weakness. Where you have a bit more flexibility in the exchange rate ? for instance, Jamaica ? you would require a smaller amount of international reserves.
given pleased
Given the uncertainty going into the Y2K quarter, we are very pleased with our quarterly results,
beginning business customers economy expertise government help internet leaders models seeking transform
Globally, business and government leaders are beginning to dramatically transform their traditional business models into Internet economy business models, ... Customers are increasingly seeking Cisco's expertise to help them through this transformation.
breaks monetary required step
If it's set up in such a way that it breaks the conditionality required by the (International Monetary Fund), I think that would be a step backward,
chance good india largest market sales total
There is a good chance India may become our largest total sales market in the whole of Asia.
believe companies five half top within
Within the Nasdaq as an example, I do believe that out of the top 100 companies ... half of them will not be around five years from now,
billion cash combining customer execute future gained generate industry last loyalty market networks operations optimistic per potential profitable providers service share strategy
We're profitable and have the potential to be very profitable, ... We generate cash from operations of over $1 billion per quarter. We have $19 billion in cash and equivalents in an industry that is in debt. We've gained more market share than we've ever gained in this last quarter. We've got the customer loyalty and strategy for where the industry's going, which is combining networks for service providers and enterprises. So I'm very optimistic about our future if we execute right.