In fiscal 3Q18, Cisco Systems (CSCO) expects revenue growth of 3.0%–5.0%.
In fiscal 2Q18, Cisco’s recurring revenues accounted for 33.0% of total revenue, which was a 2.0% increase from fiscal 2Q17.
In fiscal 2Q18, Cisco’s (CSCO) Security segment posted revenues of $558.0 million, a 6.0% increase compared to $526.0 million in fiscal 2Q17.
Cisco Systems’ management stated that 20% of its top 500 global enterprise accounts have adopted AppDynamics’ analytics technology.
In fiscal 2Q18, Cisco’s Infrastructure Platform generated revenues of $6.7 billion, a 2.0% rise compared to $6.5 billion in fiscal 2Q17.
Networking giant Cisco Systems (CSCO) announced its fiscal 2Q18 results on February 14. CSCO reported revenues of $11.9 billion.
Employee layoffs are a rarity at Amazon, and so recent reports about job cuts can be confusing.
Some observers have begun to think it’s about time for Amazon to separate its cloud computing division into a standalone company.
AWS revenues came to $5.1 billion in 4Q17, representing a 45% YoY rise. The cloud business grew 42% YoY in each of the two prior quarters.
Amazon alone accounted for 29% of online product searches in 2017, with its share rising from 27% in the prior year.
Amazon.com (AMZN) stock has generated investor returns of 12% in the trailing-one-month period and 73.5% in the trailing-12-month period.
Advertising was one of the operations that led Amazon (AMZN) to a strong 4Q17, wherein overall revenues jumped 38% year-over-year.
Amazon.com (AMZN) and Alibaba (BABA) have signaled that they will bring their best to compete in the Indian market.
India is one of Amazon’s closest-watched overseas markets, and for good reason. It plans to invest $5.0 billion to grow its business in India.
Data from Consumer Intelligence Research Partners, however, show that Amazon has more than 90 million Prime subscribers in the US.
Amazon.com (AMZN) boasts an EV (enterprise value) of $720.7 billion for 2017.
With Whole Foods now firmly under its wing, Amazon (AMZN) says it sees more possibilities with the business as it looks to tap into its store network.
Amazon paid $13.7 billion to acquire Whole Foods in a move that was viewed as in sync with its expansion into the food business.
For 1Q18, Amazon guided that its revenues would be between $47.8 billion and $50.8 billion. This is within the consensus estimate of $48.6 billion.
North America is usually Amazon’s (AMNZ) fastest-growing geographic segment—and 4Q17 was no exception.