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Chuck Robbins - Cisco Systems
We saw a significant slowdown in the U.S. public sector, particularly the federal business – which is a pretty significant business for us – due to the uncertainty in budgets. It's one quarter, and we are very focused on continuing this transition. I think we're gonna be fine.feedback
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May 18 2017
You can find on this page a variety of quotes, by one or many people, on what they said about Cisco. 43 people are quoted and you can read 74 citations of them about Cisco. Chuck Robbins, Jim Cramer and Todd Gordon, are those who have spoken the most about this topic. Chuck Robbins said: “We saw a significant slowdown in the U.S. public sector, particularly the federal business – which is a pretty significant business for us – due to the uncertainty in budgets. It's one quarter, and we are very focused on continuing this transition. I think we're gonna be fine.”.
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Jim Cramer

It's Oracle's turn to be hailed as a changed company that's accelerating its cloud business and migrating its existing customers, while aggressively poaching clients from its competitors. Oracle, Cisco, Intel and Microsoft, the old four horsemen of the tech apocalypse, are coming back. They had all slipped up. But they always preserved their balance sheets, they always recruited smart people, and they always were competitive. Now they're back, and all four of their stocks are buys.feedback

Michael Costello - Cisco Systems

Between the time that we notified them and the release date, it was approximately one line of code per week.feedback

Sinan Eren - Avast Software

We can prevent attacks in real time if we were given the hooks into the mobile operating system. If we can drive a paradigm shift where mobile platforms don't shut off access, we'll be better able to detect when hackers are hiding in a mobile (phone).feedback

Robert Graham

One anti-virus researcher has told me that a virus they once suspected came from the Russians or Chinese can now be attributed to the CIA, as it matches the description perfectly to something in the leak.feedback

Jonathan Liu - Central Intelligence Agency

We do not comment on the authenticity or content of purported intelligence documents.feedback

John Chambers - Cisco Systems

Countries that may not have led in the last change now are suddenly starting to lead.feedback

John Chambers - Cisco Systems

We used to be the start-up nation and we have fallen way behind. It's tremendous to have a Snap but we need 5 Snaps. We only took 90 companies public on the Nasdaq last year – we normally run 200. We only took 35 companies public on the New York Stock Exchange, we normally do 80. You have got to do what Israel, Germany, India, France are doing.feedback

John Chambers - Cisco Systems

You've got to really enable the next generation of start-ups. It starts with regulation, in terms of making it easier for companies to do this. It comes with, really, making America great in the startup community again. I think we have a tax policy that was designed before Microsoft even went public. I think we've got to change -- we're at a huge disadvantage around the world.feedback

Vijay Balasubramaniyan

Voice fraud or phone fraud has become a massive, massive issue. Organizations in the U.S. alone are losing about $10 billion in voice fraud and then they spend an additional $11.8 billion asking people all these questions.feedback

Jim Cramer

It is not just earnings that is making it hard to bet against this market. While the stock market certainly seems expensive, individual companies can often turn out to be quite cheap given better-than-expected earnings, potential take outs or the possibility down the road of a better tax regime.feedback

Jim Cramer

Every time you want to give up on a stock, any stock, something good seems to happen.feedback

Chuck Robbins - Cisco Systems

As the infrastructure gets more distributed, over the next few years the network is actually going to be more important because you've got to apply security in the network, everything else in the network. Then you saw us leverage our M&A capability with what I think is one of the most important acquisitions we made with AppDynamics.feedback

Jim Cramer

It has gotten to the point where even mentioning the mall on a conference call is the kiss of death. They are dying shrines to spending the old way. As far as I'm concerned, things are better and that, not Trump, might be the real secret sauce behind this extraordinary and very real rally. These old tech stocks may lack the sex appeal of the cloud, mobile, social and artificial intelligence names, but the charts of Cisco, Jabil Circuit and Oracle look good.feedback

Jim Cramer

I wouldn't be surprised if he is right that they have got more upside here.feedback

Dirk Slama - Bosch Software Innovations

We are seeing tremendous potential for the application of blockchain in industrial use cases. Being able to create a tamper-proof history of how products are manufactured, moved and maintained in complex value networks with many stakeholders is a critical capability, for example for quality assurance and prevention of counterfeits. This must be supported by a shared blockchain infrastructure and an integrated Internet of Things protocol.feedback

Joe Pindar - Gemalto

Securing identity for physical property and packaging is going to be a big business opportunity over the next decade, high value parts of logistics supply chains and regulated industries like energy, pharmaceuticals, and cold chain could all see a blockchain component over the next decade.feedback

Rob Salvagno

Cisco has been a customer of AppDynamics for a number of years.feedback

Jim Brady - Cisco Systems

As we continue to evolve our business toward a more software-centric, recurring revenue model, we are very pleased with our incremental growth in this area. We feel the acquisition of AppDynamics ... will also accelerate our transition toward software-based solutions that deliver predictable and recurring revenue.feedback

Lew Crine - New Relic

This acquisition provides tremendous validation of the market opportunity in front of us.feedback

Chuck Robbins - Cisco Systems

The overall move to lower tax rates, as well as repatriation, we think creates an opportunity, to do all these things. If you look at AppDynamics, number one, they are the leader in their space. Secondly, they are growing almost twice as fast as their next nearest competitor. They are growing faster than any publicly traded software company today. Everything we heard was constructive, we feel like they're moving in the right direction from a business perspective. But I would say the moves we're making are moves we'd make independent of anything that's going on there.feedback

Chuck Robbins - Cisco Systems

We will definitely continue to leverage our ability to do M&A where it makes sense.feedback

Richard Truesdell - Davis Polk & Wardwell

I think this does reflect that the valuations are still relatively conservative. Certainly (AppDynamics) seems to have hit the jackpot ... this is the most dramatic disparity in valuation between the two markets that I can think of seeing recently.feedback

Jay Ritter

I expect that the U.S. IPO market will have more activity this year than last, but very few tech companies will go public because companies such as Cisco Systems and Oracle are willing to pay top dollar.feedback

Koby Simana

This is a troubling trend for the Israeli VC funnel, since the majority of capital goes into later rounds – if there are no companies lined up for later investments, there could be a more serious issue later on.feedback

Allen Proithis - SIGFOX

I think there's a will to exploit any opening. So the trick is to engineer what you're doing, assuming the worst. But the other fact of the matter is, you're willing to pay a lot more for that sort of security when it's the vice president's pacemaker versus an agricultural sensor. And the trick is to match security to the threat, throughout the ecosystem.feedback

Scott Harrell

We know it's going to become a problem. There is money to be made out of it. You should expect them to do it, and they will replicate it again and again.feedback

Allen Proithis - SIGFOX

The way our network works is, to get this really long battery life, 99.9 percent of the time, they're not even connected. They're only really connected when they have something to say and then they go back to sleep.feedback

Allen Proithis - SIGFOX

This is a technology that enables the masses – the unserved market – that want to participate in the benefits of IoT, but really haven't been able to play because of the limits of technology.feedback

Chuck Robbins - Cisco Systems

I think it would for Cisco, but it would also create jobs beyond that. If we come back – if we were to increase our dividend – then that flows through the mutual funds, which flows through to the middle class America, which flows through to make people feel better about their income.feedback

Ari Wald - Oppenheimer Holdings

Historically speaking, the numbers argue for more gains for the Dow Jones industrial average.feedback

Chuck Robbins - Cisco Systems

As you look at our business, you have to look at it beyond one quarter.feedback

Chuck Robbins - Cisco Systems

I don't view it as losses that have caused a challenge for us this quarter. There are a lot of areas for us to be very excited about and the primary driver for the guide was this service provider weakness that we saw just particularly in the quarter.feedback

Chuck Robbins - Cisco Systems

I think that President-elect Trump appears to be very business oriented and is very focused on driving the US economy and anytime the US economy improves, that's certainly good for us.feedback

Chuck Robbins - Cisco Systems

As I think about what is important for us going forward is first of all the industry and everything about the environment in which we operate is moving faster than it ever has, which is going to require us to move more rapidly than we ever have. It requires us to embrace more technology transitions at one time than we have had to do in the past.feedback

Ryan Aytay - Salesforce.com

We view this as an opportunity to grow our relationship with Cisco. We're starting with collaboration, IoT and customer experience, but we see many opportunities as we move forward.feedback

Rowan Trollope - Cisco Systems

Every company that's come before and tried to do this has created a new island.feedback

John L. Thornton

Harnessing the potential of digital technology will unlock value across our business, helping us grow our free cash flow per share.feedback

Todd Gordon

Cisco has made a great adjustment from the hardware router over to more of a software-based cloud model. They've made that transition quite well.feedback

Todd Gordon

What we want to do is buy some in-the-money calls and have basically a long stock position but use the options market's leverage.feedback

Todd Gordon

It looks like we want to go back up and retest the pre-credit crisis highs right around mid-2007.feedback

Todd Gordon

We've broken from the 2010 [high] to the 2016 [high] right at about the $30 mark.feedback

Chuck Robbins - Cisco Systems

The markets are changing faster than anything I've ever seen. The customer expectations are changing, technology is transitioning faster than ever. ... There are a lot of factors that come in. What our responsibility is is to ensure that we're aligning our expenses against those areas that we believe will drive our growth in the future.feedback

Ryan Hutchinson - Guggenheim Securities

We think this is partly an effort by (CEO) Chuck Robbins to put a stake in the ground and send a message that this is going to be a leaner, meaner Cisco that is focussed on driving software and recurring revenue business.feedback

John Reed - Robert Half Technology

Nobody wants to be laid off but if job elimination is going to happen, 2016 is not a bad time for it to happen.feedback

Trip Chowdhry - Global Equities Research

The hi-tech industry is going through a serious deconstruction. There is more pain to come.feedback

Kelly Kramer - Cisco

It's part of what we're driving in our shift to software. Those businesses have great margins and it's part of the overall transition.feedback

Bucky Hellwig - BB&T Wealth Management

Despite their willingness and desire to raise rates, they haven't gotten cooperation from the economy yet.feedback

Kelly Kramer - Cisco

We delivered another solid quarter and a good fiscal year, expanding both our gross margins and operating margins. Our strong operational discipline has enabled us to drive growth and margin improvement as we continue to invest in key priority areas such as security, IoT, collaboration, next generation data center and cloud, while also delivering shareholder value.feedback

Patrick Moorhead

Companies are retooling now in attempt to take advantage of this next generation of opportunities. History shows that some make the transition and others don't make it.feedback

Ari Wald - Oppenheimer Holdings

We saw Microsoft break out a couple of years ago, we saw the semi stocks break out more recently. The question I always get is, What's next?feedback

Tim Seymour - Triogem Asset Management

I think both of these names are safe plays. And that's one of the reasons why they're running.feedback

Ari Wald - Oppenheimer Holdings

We're watching if Cisco and Intel can follow the footsteps of Microsoft and become the next old tech stock to break through a decade-long base. We think [tech] is best positioned to be leadership over the coming years as it retraces the stark underperformance suffered between 2000 and 2002.feedback

Chuck Robbins - Cisco Systems

I'm pleased with our performance today as well as the progress we're making in transitioning our business to a more software and subscription focus, which we'll continue to apply across our entire portfolio. We delivered a strong third quarter, executing well despite the challenging environment.feedback

Chuck Robbins - Cisco Systems

We delivered a strong Q3, executing well despite the challenging environment.feedback

Katy Huberty - Morgan Stanley & Co. International

Currently, IBM trades more in-line with hardware peers, like Cisco and EMC. As investors begin to appreciate Watson's lead in cognitive computing, which is more skewed toward software and services than hardware, and the company shows improving growth on the back of recent investments, we see shares trading toward the low end of software and services peer averages.feedback

Chuck Robbins - Cisco Systems

We delivered a strong Q2, and are managing the business extremely well in a challenging macro environment. We're managing the company on two fronts. We're focused on continued strong execution in the near term while investing in the innovation to lead our customers into the future.feedback

Rowan Trollope - Cisco Systems

My first order of business was to look at the strategy and see what we could do to accelerate it. I spent a lot of time on the road talking to customers and partners about what are the challenges you're still running into. That was an area where Jasper came up over and over again.feedback

Meg Whitman - Hewlett-Packard

It's unlikely … that we'll see the growth in 2014 that I had hoped.feedback

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