Cisco to Emerge ‘Stronger’ From Slump, Chambers Says
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Cisco Systems Inc. Chief Executive Officer John Chambers told shareholders at an annual meeting that the network-equipment maker will “emerge stronger than ever” from a sales slump by investing in developing markets.
“We get the transitions right at Cisco,” Chambers said at the meeting, held today at the company’s headquarters in San Jose, California. “We get knocked down sometimes, but we get up in a way that no other company does.”