Cisco Profit Rises as Sales Grow 16.5%
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The network equipment maker reported that its quarterly net income grew 7.2 percent amid growing concern that economic weakness could affect technology spending this year.
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Cisco Systems Inc  posted a 7.2 percent rise in quarterly profit on Wednesday as demand for network equipment from telephone companies was steady despite the slowing U.S. economy.
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Oracle Corp  said on Wednesday that quarterly profit rose 35 percent as new software sales soared 38 percent, beating Wall Street expectations at a time when investors are nervous that IT spending is slowing.
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Cisco Systems Inc.'s fiscal first-quarter profits jumped 29 percent as the network equipment giant saw growth in its traditional routing markets as well as its emerging technologies like Internet telephone and home networking gear.
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Cisco Systems Inc. CSCO.O, the  biggest maker of equipment that directs data over the Internet,  on Tuesday said quarterly earnings rose 29 percent on stronger  demand for gear such as wireless networks and Internet  telephone equipment.
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Cisco Systems, the world's biggest maker of computer-networking equipment, said Tuesday that second-quarter profit rose 40 percent as customers upgraded their communications systems for video.  Net income in the period ended Jan.
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Quarterly profit soared thanks to new products, increased marketing and improvement in international business, the company said.
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Cisco Systems, the largest maker of Internet networking equipment, said its first-quarter profit rose 29 percent.
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Cisco Systems Inc has posted an unexpected 40% profit jump on 27% higher sales for its second fiscal quarter.
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Cisco Systems Inc. , the biggest maker of equipment that directs data over the Internet, on Tuesday said quarterly earnings rose 29 percent on stronger demand for gear such as wireless networks and Internet telephone equipment.
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Diversified manufacturer Honeywell  International Inc  said quarterly profit rose 17.8  percent, matching Wall Street's expectations, with sales and  profits up across all its business units.
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Oracle Corp  said on Wednesday  that quarterly profit rose 35 percent as new software sales  soared, beating expectations at a time when investors are  nervous that IT spending is slowing, and its shares climbed 4  percent.
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Profit rose 34 percent, bolstered by AOL asset sales in Europe, a rise in digital cable and phone customers, and online advertising sales.
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Cisco Systems has unveiled a 40% jump in quarterly profits, lifted by equipment able to support video downloads.
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Cisco Systems Inc. surprised investors  on Tuesday with a stronger-than-expected outlook and quarterly  profit as demand for network equipment to handle Web traffic  showed no signs of weakening, driving its shares up 5 percent.
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Cisco's earnings up in first half of fiscal 2007    LOS ANGELES, Feb. 6 (Xinhua) -- Cisco, the worldwide leader in networking, said on Tuesday that its net sales for the first six months of fiscal 2007, which ended on Jan.
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LONDON : British satellite broadcaster BSkyB said profit rose by 16 percent in the first quarter as the group enjoyed strong subscriber growth in the run-up to the key Christmas trading period.