Mgmt guided mid single digits growth 4% to 6%. It kind of shows that Mgmt will do anything to meet this number.
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Amazing that Chuckles spent $500 Billion on bad acquisitions...
Looking at the numbers on https://en.wikipedia.org/wiki/List_of_acquisitions_by_Cisco Chuck has been CEO for near $45B of acquisitions where the price was known, noting that many of the acquisitions don't have prices and inflation isn't being accounted for, but I don't see either being a significant part of the other $455B you haven't accounted for.
I'm more worried that Cisco has 8.5X the revenue of Arista it has less than twice the market cap and less than half the operating margins. Arista is posting real growth. Even if Cisco meets that 6% number the revenue becomes $60.4B in FY2026 which compares less than favorably to the FY2023 number of $57B adjusted for inflation by 3%, 2% and 2% which would be almost $61.1B. Splunk reported over $4B in annual revenue before being absorbed so the rest of Cisco will be performing that much worse. To me it feels like Cisco's core isn't treading water.
Cisco is flatlined. No growth, chasing spaces they already lost in. It's really sad. In 10 years this won't be around
Amazing that Chuckles spent $500 Billion on bad acquisitions and Cisco still has flat sales for the past 12 years
Maybe without these acquisitions sales would be way more than $500 billion down?
Amazing that Chuckles spent $500 Billion on bad acquisitions and Cisco still has flat sales for the past 12 years