Recent political and economic turmoil, from the US government shutdown to an economic slowdown in China, have had no impact on demand for key technology infrastructure, to judge from the latest quarterly figures from Cisco Systems.
“I’ve been amazed at the resilience we’ve seen around the world,” said Chuck Robbins, chief executive. “It certainly is one of the most complex macro, geopolitical environments we have seen for a while.”
The US networking equipment company, often seen as a bellwether for spending by corporations, governments and telecoms companies, survived the headwinds to report a surprisingly solid performance on Wednesday.
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