Can Cisco salvage growth by deploying its vast product scale?
Posts biggest revenue decline in 15 yearsCovid indigestion buckling normal IT refresh cycleQ3 beat of low expectations to spark share priceLooking purely at third quarter (to 27 Apr) numbers paints a bleak picture for the core IT kit that Cisco Systems (CSCO:NASDAQ) provides. Adjusted EPS (earnings per share) was down from $1.00 a year ago to $0.88 on a 13% fall in $12.7 billion revenue, the firm?