John Paczkowski

Recent Posts by John Paczkowski

Cisco's Self-Defending Earnings

The global downturn has not been kind to tech bellwether Cisco Systems. Though the company reported second-quarter earnings and revenue that came in ahead of analyst estimates, it did so on a 27 percent year-over-year drop in net income.

Cisco’s networking products are crucial components of corporate infrastructure, but apparently not so crucial that its customers can’t forgo their equipment orders in a recession. Certainly, Cisco’s (CSCO) earnings–which include sales through Jan. 24–suggest that the global downturn continues to hamstring IT spending. How long that will last is anyone’s guess, although on a conference call with analysts CEO John Chambers said we may see things begin to turn around sooner than later. “The majority of our customers are guessing [the downturn will last until] 2010, while a smaller group sees the upturn toward the end of 2009,” Chambers said. “Given the coordinated activities of global central banks and the extremely large stimulus packages that are being implemented, I tend to be a little bit more optimistic than most of my customers. Time will tell if that optimism is appropriate.”


Twitter’s Tanking

December 30, 2013 at 6:49 am PT

2013 Was a Good Year for Chromebooks

December 29, 2013 at 2:12 pm PT

BlackBerry Pulls Latest Twitter for BB10 Update

December 29, 2013 at 5:58 am PT

Apple CEO Tim Cook Made $4.25 Million This Year

December 28, 2013 at 12:05 pm PT

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I think the NSA has a job to do and we need the NSA. But as (physicist) Robert Oppenheimer said, “When you see something that is technically sweet, you go ahead and do it and argue about what to do about it only after you’ve had your technical success. That is the way it was with the atomic bomb.”

— Phil Zimmerman, PGP inventor and Silent Circle co-founder, in an interview with Om Malik