Monday, November 15, 2004

Growing pains of the Cisco kid

Can John Chambers get Cisco out of its premature middle-age funk?

APPROACHING the 20th birthday of Cisco, the world's largest maker of networking equipment, and his own tenth anniversary as chief executive, John Chambers has lately been telling people, in his soft West Virginian drawl, that he is “having fun again”. On November 9th, to prove it, he announced a good start to Cisco's 2005 financial year, with revenue up by 17% over the first quarter of fiscal 2004, and profits up by 29%.

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