NETWORK WORLD NEWSLETTER: OPTICAL NETWORKING 08/16/04 Dear [EMAIL PROTECTED],
In this issue: * Cisco CEO credits investments in emerging markets and ��continued innovation for record-breaking quarter * Links related to Optical Networking * Featured reader resource _______________________________________________________________ This newsletter is sponsored by Oracle An Economist Intelligence Unit White Paper: From Grid to Great? Grid computing is breaking out. Familiar mostly to academics, government groups, and scientific researchers, this technology that links together the power of diverse computers to create powerful, fast and flexible systems is beginning to catch on in the corporate world. Included in this white paper, results and interviews from a global survey among Sr Executives, click to download now http://www.fattail.com/redir/redirect.asp?CID=72604 _______________________________________________________________ VORTEX 2004: Setting the IT Agenda As the IT industry shifts from a client/server-based model to true Web-based computing, how will these changes impact your IT architecture? Through frank one-on-one interviews with top executives, lively Q&As, and spirited panel discussions, VORTEX 2004, http://www.fattail.com/redir/redirect.asp?CID=72473 _______________________________________________________________ Today's focus: Cisco has 'record-breaking' quarter By Jim Duffy Cisco posted fourth quarter earnings a penny better per share than analyst forecasts on revenue essentially in line with expectations. For the period ended July 31, Cisco recorded net sales of $5.9 billion, compared with $4.7 billion for the fourth quarter of fiscal 2003, an increase of 26%. Revenues were up 5.4 % sequentially. Pro forma net income was $1.5 billion, or 21 cents per share, a penny better than the 20 cents a share analyst were expecting, according to Thomson First Call. Net income for the fourth quarter of fiscal 2003 was $1.1 billion, or 15 cents a share. Net earnings were $1.4 billion, or 19 cents per share, for the third quarter of fiscal 2004. "This was a record-breaking quarter for Cisco on a number of financial and operational levels, including generating the highest net income and earnings per share in the company's history," said John Chambers, Cisco president and CEO, in a statement. "The investments we've made in emerging markets around the world, coupled with continued innovation in our core business and advanced technologies, are generating record results." For the year, Cisco posted net sales of $22.0 billion, compared with $18.9 billion for fiscal 2003, an increase of 16.8%. Pro forma net income was $5.3 billion, or 76 cents per share, compared with $4.3 billion, or 59 cents per share, for fiscal 2003. _______________________________________________________________ To contact: Jim Duffy Jim Duffy is managing editor of Network World's service provider equipment coverage <http://www.nwfusion.com/edge/>. He has 18 years of high-tech reporting experience, including over 12 years at Network World. Previously, he was senior editor at Computer Systems News and associate editor/reporter at Electronic News and MIS Week. He can be reached at <mailto:[EMAIL PROTECTED]>. _______________________________________________________________ This newsletter is sponsored by Oracle An Economist Intelligence Unit White Paper: From Grid to Great? Grid computing is breaking out. Familiar mostly to academics, government groups, and scientific researchers, this technology that links together the power of diverse computers to create powerful, fast and flexible systems is beginning to catch on in the corporate world. Included in this white paper, results and interviews from a global survey among Sr Executives, click to download now http://www.fattail.com/redir/redirect.asp?CID=72604 _______________________________________________________________ ARCHIVE LINKS Breaking optical-networking news from Network World, The Edge and around the 'Net, updated daily: http://www.nwfusion.com/topics/optical.html Archive of the Optical Networking newsletter: http://www.nwfusion.com/newsletters/optical/index.html _______________________________________________________________ The numbers are in - ROI in convergence Learn how to improve productivity within your IT department by 45%, reduce travel of your IT staff by 42%, enhance remote access, and reduce training for your IT staff. Watch this webcast now. http://www.fattail.com/redir/redirect.asp?CID=72474 _______________________________________________________________ FEATURED READER RESOURCE WONDERING IF YOUR PAY IS UP TO SNUFF? Check out Network World's 2004 Salary Calculator to see if you're getting paid what you're worth. Using data collected in the 2004 Network World Salary Survey, we've programmed this calculator with several categories that could affect your pay. Answer the questions and find out what the average salary is for your job category. Click here: <http://www.nwfusion.com/salary/2004/calculator.html> _______________________________________________________________ May We Send You a Free Print Subscription? You've got the technology snapshot of your choice delivered at your fingertips each day. Now, extend your knowledge by receiving 51 FREE issues to our print publication. Apply today at http://www.subscribenw.com/nl2 International subscribers click here: http://nww1.com/go/circ_promo.html _______________________________________________________________ SUBSCRIPTION SERVICES To subscribe or unsubscribe to any Network World e-mail newsletters, go to: <http://www.nwwsubscribe.com/Changes.aspx> To unsubscribe from promotional e-mail go to: <http://www.nwwsubscribe.com/Preferences.aspx> To change your e-mail address, go to: <http://www.nwwsubscribe.com/ChangeMail.aspx> Subscription questions? Contact Customer Service by replying to this message. This message was sent to: [EMAIL PROTECTED] Please use this address when modifying your subscription. _______________________________________________________________ Have editorial comments? 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