Cisco Systems continues a huge shift to selling subscription software services like cybersecurity, a strategy intended to offset a years-long slowdown in its networking business. The company’s routers and switches are still big sellers, contributing a significant portion of Cisco’s $49.3 billion in total sales for fiscal 2018, 3% more than the previous year.
Looking for leads, investment insights, or competitive intelligence?
News about Cisco Systems
Company trying to weane itself off dependency of only hardware sales.
"The bilateral trade talks were on thin ice and this could derail them entirely,” said Scott Kennedy, a China expert at the Center for Strategic and International Studies.
Zoom's stock had a strong debut on Thursday.
Colleagues eventually became suspicious, and he allegedly enlisted a coworker to help him.