16.11.2015 - Shares of Cisco continues to decline
American company Cisco reported for the last quarter. Despite the increase in revenue to 12.7 billion dollars, the company's shares are falling. The reason for pessimism are weak revenue growth forecasts by only 0-2% per year. In 2016 and 2017, the company expects to receive 59.8 billion dollars and 51.9 billion dollars respectively. Despite the program for optimization of company's business model, we expect a continuation of the negative dynamics of prices and a drop of 20-25% per annum in the medium term.