Cisco is hailing a ninth consecutive quarter of record revenue as it hints at "good signs" in certain parts of the global economy.
The networking giant's Q3 sales were $12.2bn (£8bn), with net profit of $2.5bn. Net sales for the first nine months of fiscal 2013 were $36.2bn compared with $34.4bn for the first nine months of fiscal 2012. Net profit for the nine months, on a GAAP basis, was $7.7bn, compared with $6.1bn in the same period in 2012.
Cisco chief John Chambers (pictured) was upbeat about the results: "Cisco is executing at a very high level in a slow but steady economic environment. We are especially pleased with our ninth consecutive record revenue quarter. We are starting to see some good signs in the US and other parts of the world, which are encouraging.
"We have the right products, the right solutions and our customers are coming to us to solve their biggest business problems. The pace of change is increasing and Cisco is well positioned."
He added: "We have always believed that the internet will revolutionise the way we work, live, play and learn. This has never been truer than it is today, with cloud, mobility and video all coming together to deliver the Internet of Everything and unprecedented new opportunities for businesses and consumers. We are excited about the future."
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