Cisco CEO Says Sales, Profit Forecast Includes New Tariffs

The video discusses the company's agility in adapting to trade challenges over the past year. It outlines a three-pronged strategy involving engagement with the administration, global supply chain adaptation, and price adjustments. The company successfully mitigated tariff impacts, maintaining minimal price increases. Despite potential risks to R&D, the company remains committed to innovation. Subscription revenue has grown significantly, with a focus on expanding software offerings.

What was the first step in the company's three-pronged strategy to handle trade complexities?

• Expand into new markets

• Reduce workforce

• Increase production

• Engage with the administration

How did the company plan to handle the potential impact of further tariffs?

• By halting all operations

• By increasing R&D spending

• By continuing to innovate and mitigate risks

• By relocating their headquarters

What percentage of the company's revenue did they aim to achieve from software by 2020?

• 20%

• 30%

• 50%

• 65%

What was the growth in subscription revenue from the software side year over year?

• 7 points

• 5 points

• 12 points

• 9 points

What is the nature of the company's security portfolio?

• Hardware-based

• Service-oriented

• Subscription-oriented

• Consulting-focused