SHARE
Facebook X Pinterest WhatsApp

Chambers Says Cisco Clients Mixed on Economy

NEW YORK (Reuters) – Cisco Systems Inc is seeing mixed views from its customers around the world, Chief Executive John Chambers said in response to a question about global technology demand in an interview with CNBC. Chambers said on Wednesday that network equipment maker Cisco’s customers were still expecting an economic recovery in the first […]

Sep 3, 2008
Channel Insider content and product recommendations are editorially independent. We may make money when you click on links to our partners. Learn More

NEW YORK (Reuters) – Cisco Systems Inc is seeing mixed views from its customers around the world, Chief Executive John Chambers said in response to a question about global technology demand in an interview with CNBC.

Chambers said on Wednesday that network equipment maker Cisco’s customers were still expecting an economic recovery in the first half of 2009.

While he said there were still challenges in the U.S. market Chambers said demand in emerging markets, the Asia Pacific region and in Europe appeared to be holding up well.

He said that while improvements in demand from the U.S. financial services sector in the last quarter and a half were a good sign it was too soon to say if this would last.

(Editing by Dave Zimmerman)

© Thomson Reuters 2008 All rights reserved
 

Recommended for you...

Manny Rivelo on Evolving Channel & How MSPs Can Get Ahead
Victoria Durgin
Aug 20, 2025
Databricks Raises at $100B+ Valuation on AI Momentum
Allison Francis
Aug 20, 2025
Keepit Achieves SOC 2 Type 1 & Canadian Ingram Micro Deal
Jordan Smith
Aug 20, 2025
AI Customer Service Fails to Satisfy Consumer Needs: Verizon
Franklin Okeke
Aug 19, 2025
Channel Insider Logo

Channel Insider combines news and technology recommendations to keep channel partners, value-added resellers, IT solution providers, MSPs, and SaaS providers informed on the changing IT landscape. These resources provide product comparisons, in-depth analysis of vendors, and interviews with subject matter experts to provide vendors with critical information for their operations.

Property of TechnologyAdvice. © 2025 TechnologyAdvice. All Rights Reserved

Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.