Cisco CEO Says Tax Reform Would Be Positive for Company

The video discusses the need for tax reform and repatriation to enhance US corporate competitiveness. It highlights Cisco's transition from a hardware to a software and subscription-based business model, emphasizing innovation and customer preparation for future networking needs. The company is also focusing on financial growth through internal development and mergers and acquisitions, with significant progress in software and subscription revenue.

What are the two key aspects of tax reform mentioned in the first section?

• Increased government spending and subsidies

• Lower corporate tax rates and repatriation

• Higher tariffs and import restrictions

• Tax cuts for individuals and small businesses

What is the primary focus of the company's current business strategy?

• Increasing hardware production

• Expanding into new geographical markets

• Transitioning to a software and subscription model

• Reducing workforce to cut costs

How is the company preparing for future networking capabilities?

• By reducing investment in technology

• By focusing solely on hardware development

• By outsourcing all networking tasks

• By working with customers on new connections and security

What financial milestone did the company achieve in the last eight quarters?

• Tripled its revenue from hardware sales

• Doubled its balance sheet from software and subscriptions

• Reduced its debt by half

• Increased its workforce by 20%

Which acquisition is mentioned as contributing to the company's financial growth?

• App Dynamics

• Tech Innovations Inc.

• Global Networks Ltd.

• Software Solutions Co.