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10 Takeaways From Cisco's Earnings: CEO Robbins On President-Elect Trump, Security Acquisitions Ahead And More

Donald Trump, security acquisitions and service provider revenue decline -- CRN breaks down the 10 biggest takeaways from Cisco's first fiscal quarter 2017 earnings report Wednesday.

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Security Revenue Continuing To Surge

Security was the shining star in Cisco's earnings, with the business increasing 11 percent year over year to $540 million. This was Cisco's fourth consecutive quarter of double-digit growth in security. Robbins said Cisco was the No. 1 global market leader in security with a run rate of well more than $2 billion.

"Our competitive position in security is growing stronger as our integrated architecture approach and best-of-breed portfolio resonates with our customers," said Robbins. "In fact, we're the only company with security product revenue exceeding a $2 billion annualized run rate with double-digit growth."

 
 
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