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.
You are looking at an economy that most CEOs are going to believe will be a good economy for 2006. Most CEOs are saying they are going to spend both on hiring of people and on technology.
We're taking these steps because of the continuing slowdown in the U.S. economy and initial signs of a slowdown expanding to other parts of the world,
When the economy does pick up, ... so will ... spending.
The Internet economy continues to create unprecedented growth opportunities for people, companies and countries on a global basis.