Cisco's Sales Rise for First Time in Eight Quarters

The transcript discusses Cisco's sales performance and growth trajectory, highlighting the importance of the Catalyst 9000 switch in driving software-intensive networking solutions. It examines Cisco's competitive landscape, particularly against VMware and Aristo, and outlines the company's stock buyback strategy amidst its acquisition-driven growth. The discussion concludes with an optimistic view of Cisco's future growth, supported by increasing orders and new product traction.

What is the significance of the Catalyst 9000 switch for Cisco?

• It is designed for home users.

• It is a legacy product with no new features.

• It allows for easier network management through software.

• It is a hardware-only product.

Which company is mentioned as a competitor to Cisco in the software-driven hardware market?

• Microsoft

• Google

• VMware

• Amazon

What is the purpose of Cisco's $25 billion buyback plan?

• To increase the number of shares outstanding.

• To expand into new markets.

• To reduce the number of shares outstanding.

• To invest in new technology.

How does Cisco plan to enter new markets according to the transcript?

• By increasing its advertising budget.

• By developing all products in-house.

• By acquiring other companies.

• By reducing its workforce.

What indicates Cisco's growth trajectory in the latest quarter?

• A decline in new product traction.

• A stagnant revenue forecast.

• A 5% increase in orders.

• A decrease in orders.