Cisco
Systems could report a sharp falloff in orders when the networking large reviews October quarter earnings soon after the close of buying and selling on Wednesday, but its huge backlog must aid push good money final results.
Like other company computing companies, Cisco (ticker: CSCO) faces a intricate macroeconomic surroundings. The strong dollar is a difficulty, and so is decelerating business spending. On the other hand, Cisco has an enormous purchase backlog that developed up in latest quarters as the company struggled to satisfy demand from customers. That ought to offset any weakening of orders. And issues in the provide chain seem to be acquiring far better just after various quarters of intense component shortages and high delivery charges.
Cisco
Systems could report a sharp falloff in orders when the networking large reviews October quarter earnings soon after the close of buying and selling on Wednesday, but its huge backlog must aid push good money final results.
Like other company computing companies, Cisco (ticker: CSCO) faces a intricate macroeconomic surroundings. The strong dollar is a difficulty, and so is decelerating business spending. On the other hand, Cisco has an enormous purchase backlog that developed up in latest quarters as the company struggled to satisfy demand from customers. That ought to offset any weakening of orders. And issues in the provide chain seem to be acquiring far better just after various quarters of intense component shortages and high delivery charges.
