John Chambers Business Quotations

We're pleased with the solid revenue and earnings per share results Cisco delivered during its second quarter, but also especially pleased with our strong order momentum. This proves our strategy is working in terms of the convergence of voice, video and data along with our balanced approach to our customer segments, core and advanced technologies, business and technology architecture and key geographic theaters.

Globally, business and government leaders are beginning to dramatically transform their traditional business models into Internet economy business models, ... Customers are increasingly seeking Cisco's expertise to help them through this transformation.

It is becoming increasingly clear that the global economy is improving, ... As customers feel more confident to invest, we believe that we are well positioned to provide compelling value as a strategic business adviser and technology partner.

Our line of business structure has served us very well in the past, when customer segments and product requirements were very distinct. Today, the differences have blurred between these customer segments and Cisco is in a unique position to provide the industry's broadest family of products united under a consistent architecture designed to help our customers improve productivity and profitability.

While we remain cautious about the implications of a brief pause in the current 10-year expansion of the U.S. economy, we believe that Cisco has never been better positioned to help our customers solve their two most important business issues: Increasing productivity and creating new sources of revenue.

We are making these changes at a time when we are beginning to see signs that our business is stabilizing,

We see no indications in the marketplace that the radical Internet business transformation in practices like customer service, supply-chain management, employee training, empowerment, and e-commerce that is taking place around the world today is slowing -- in fact, we believe it is accelerating globally,

Companies such as Echelon are poised to help drive this change with Cisco and extend the power of the Internet from business to the home.

India has been and continues to be a strategic market for Cisco both in terms of business opportunities and as a base for outstanding engineering talent,

You can't fault government for seizing that opportunity. But it has an impact on Barbados' current account deficit and it does bring with it attended risks. And, therefore, you have to ask whether or not the tourism business that is going to be generated from the publicity around the cricket matches will be sustained after the cricket matches are over.