Cisco Systems, the San Jose networking giant, reports second quarter earnings today, and investors are watching.
A positive report would be a signal that enterprises feel bullish enough about the economy to be spending money on upgrading their IT systems.
A poor performance for the quarter could signal caution sparked by the plunge in the stock market, or headwinds from a strong dollar and troubles in China s economy.
Cisco also is facing challenges in its core router business gear as companies turn to the public cloud for their networking needs, but it has done well in its switching business.
The networking giant is positioning itself for cloud-caused changes in demand under CEO Chuck Robbins, who is also making a big push for the enterprise dollar in the coming Internet of Things.
Analysts polled by Thomson Reuters expect revenue of $11.7 billion and fully reported earnings per share of 45 cents, or earnings adjusted for various expenses of 54 cents.
Photo: Cisco headquarters (Mercury News archives)
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