Cisco Systems has reported increased sales and net
profits for the third quarter ended 30 April.
Sales were $6.2bn (£3.35bn) compared to $5.6bn (£3.02bn) in the
same quarter last year, an increase of over 10%.
Net profits for the quarter were $1.4bn (£756m) compared to
$1.2bn (£648m) last year. During the third quarter Cisco completed
the acquisitions of wireless Lan company Airespace and Protego
Networks.
"Today's results are a clear indication that our integrated
technology strategy is working - customers are realising the
benefits of intelligent network architecture," said John Chambers,
Cisco chief executive officer.
"The long-term momentum we are seeing across our product
families, geographies and market segments clearly points to Cisco's
strong competitive advantage," he said.
