Cisco Loves and Hates Net Neutrality, SDN WAN continues to grow and Analysts as AWS puppy dogs – drooling, licking themselves and barking at the AWS reinvent conference.
“We started seeing service provider spending slow a lot last quarter among the three big guys that might be most affected,” Chambers said. He cited AT&T in particular, which had already said that its capital expenditures would decline in the coming year. “It will be down dramatically more if we don’t get our act together on this Title II issue,” Chambers said.
Claims its Net Neutrality but is to hide 10% sales shrink in Service Providers this quarter
Service provider is the big challenge, let me be very explicit, that’s due to two to three U.S. service providers, who have dramatically slowed the order rates and I mean dramatically slowed the order rates with us. And that’s an implication also I think of some of the – what you’re seeing in terms of net neutrality, Titled II discussions going on, where in my opinion it would be a very disappointing in result if we moved back to regulation, the Internet like we did voice many decades ago. It would dramatically slow the ability of service providers to be on our broadband and at time that our country is finally cut backup.
Sales of $12.25B (–1%Q/Q, +1% Y/Y) and EPS of $0.54 beat Street expectations of $12.16B and $0.53, respectively. Product revenue totaled $9.44B (–1%Q/Q, +0.4% Y/Y), while Service revenue hit $2.81B (–0.5% Q/Q, +5% Y/Y). The forward-looking metrics looked decent. Linearity was consistent with typical fiscal Q1 quarters.
Nuage Networks enters the SDN WAN market with virtualised appliances.
AWS Conference and cloud analysts analysts licking themselves and barking with excitement instead of providing critical commentary. Why do they always act like sycophants when AWS speaks ?