Offering regional and national programs, CIO (and CSO) events bring together some of the most respected names and thought leaders in information technology and security. Presented by CIOs and other senior level executives, these invitation-only programs offer timely topics and strong networking. Learn More »
Public Council Teleconference: Application Rationalization — Hidden Costs and Smart Decisions
November 17 at 11:00 am US/Eastern (GMT-5)
Join Honorio Padrón, of The Hackett Group, who will share the drivers for companies to tackle application rationalization and the results of research that define the hidden cost of complexity. Additionally, we will discuss key decision milestones—to start or not, holding the course steady and fulfilling expectations.
Virtual Desktop Cost-Benefit Analysis — Michael Jacobs, Catlin Group
The analysis contained in this presentation measures the cost of everything from the machines and licenses to the infrastructure for virtual vs. traditional desktop environments.
Honor your best senior team members - Apply for the CIO Ones to Watch Award
Get well-earned public recognition for your top up-and-coming team members, your IT organization and your enterprise. Award winners will be announced, publicized and feted in May 2010, great timing to help attract new IT recruits to your company.
Learn more about the CIO Executive Council »August 05, 2008 — IDG News Service —
Cisco Systems on Tuesday posted solid if unspectacular revenue growth for its fiscal fourth quarter, reporting sales of US$10.4 billion, up 10 percent from a year earlier, despite economic weakness in some parts of the world.
The company's net income for the quarter, which ended July 26, was $2 billion, or $0.33 per share. Not counting certain one-time items, it came in at $2.4 billion, or $0.40 per share, slightly beating analysts estimates of $0.39 per share, according to a consensus provided by Thomson Financial. The analysts had forecast revenue of US$10.31 billion.
Chairman and CEO John Chambers explained the gains with a familiar refrain in prepared comments, saying the business process changes and productivity gains enabled by networking are gaining traction worldwide.
For its full 2008 fiscal year, Cisco reported revenue of $39.5 billion, up 13 percent from the prior year, and net income of $8.1 billion or $1.31 per share.
(More to follow.)