We will invest 1.1 billion dollars in India, of which 150 million dollars would be for providing leasing and financial solutions to the company's customers and partners,
More Quotes from John Chambers:
The Internet economy continues to create unprecedented growth opportunities for people, companies and countries on a global basis.John Chambers
By providing the systems that make the Internet work, Cisco is playing a major role in helping customers thrive in the explosive Internet economy. As a result, we are growing faster than all of our key competitors and have been the fastest growing and most profitable company in the history of the computer industry.
John Chambers
We're profitable and have the potential to be very profitable, ... We generate cash from operations of over 1 billion per quarter. We have 19 billion in cash and equivalents in an industry that is in debt. We've gained more market share than we've ever gained in this last quarter. We've got the customer loyalty and strategy for where the industry's going, which is combining networks for service providers and enterprises. So I'm very optimistic about our future if we execute right.
John Chambers
If they feel like business is going to tighten in the first quarter of next year, they are probably going to be more conservative. And I think that is too early to call.
John Chambers
As Indian companies strive to be globally competitive, they have realized the importance of investing in information technology and networking to adapt quickly to rapidly shifting market transitions,
John Chambers
We always try to look three to five years out in the decisions we make and there's no question that the Cisco brand, our opportunity in the commercial market and the evolution of our leaders are going to take us to the next level.
John Chambers
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