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  5. Cisco Profits Are Up 29%: Page 2 of 2
Networking

Cisco Profits Are Up 29%: Page 2 of 2

Market-leading networking vendor Cisco Systems last week reported strong growth in sales and profits for the first quarter ended Oct. 30. "It was our sixth quarter of sequential growth, and
November 15, 2004

Cisco reported strong sales for its IP PBX, with orders up 50% year over year. It also shipped 500,000 IP phones in the quarter. "According to analyst reports, we are No. 3 or No. 4 in the world in total PBX shipments," Giancarlo says. "We were zero five years ago."

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