What Will Cisco Do in 2014?http://www.fool.com/investing/general/2013/12/19/what-will-cisco-do-in-2014.aspx Anders Bylund
December 19, 2013
Cisco Systems (NASDAQ: CSCO) is having a rough year. Shares of the networking equipment builder are up just 6% in 2013, while its Dow Jones (DJINDICES: ^DJI) peers as a whole have risen 23%. The company beat earnings estimates in each of the four quarterly reports this year, but often followed up with weak guidance.
Can Cisco bounce back from this disappointing performance next year, or will 2014 be another 12 months of frustration for Cisco shareholders?
Cisco by the numbers
Last week, Cisco CFO Frank Calderoni reduced his long-term revenue growth targets from approximately 6% a year to something more like 4.5%. His earnings targets remain close to Wall Street's estimates, but the current streak of 15 quarters with year-over-year revenue growth is going to end this month.
That's a scary prospect when your recent revenue history looks like this:
The Cisco story, in English