'Dead' inventory a blessing for Cisco
Last year, Cisco took $2 billion of its inventory as a loss. But amid tougher times, the company found that some of those parts could be sold for millions.
Last year, Cisco took $2 billion of its inventory as a loss. But amid tougher times, the company found that some of those parts could be sold for millions.
(Updated to include video blog link.)Is Cisco CEO John Chambers' aggressive commitment this morning to a 25 percent reduction in greenhouse gas emissions by 2012 just a ploy/play for green headlines?
Boy, oh boy do I wish I were in San Diego this week, not just because I am totally sick of shoveling snow and ice, but because there was flurry of news at the Distributech conference. Press releases and proclamations have been hitting my inbox at blizzard rate, and when I took time to sort through them yesterday, there was a clear theme: many, many players are upping their efforts when it comes to home energy management technology and services.
A discussion with Carlos Dominguez about Cisco embracing social media, its new-ish Eos offering, and it's potentially aggressive acquisition strategy.
If weak public sector spending---state and local governments---was enough to cast a pall on Cisco's first quarter earnings report other big technology vendors may feel the heat too.