It will change the way we work, live, play and learn.
We didn't really know what was happening.
Education and the Internet must go hand in hand, ... It will serve as one of the great equalizers.
On behalf of the employees of Cisco, we send our deepest sympathy and condolences to all of those affected by Hurricane Katrina and its aftermath, ... This has been a crushing blow to the residents of the Gulf Coast and we stand by them, ready to help.
Speed is of the essence in responding to a crisis situation, and our focus is squarely on mobilizing resources to help in the relief and rebuilding efforts, while also helping customers and employees recover.
We are pleased to report the 33rd consecutive quarter of revenue and earnings growth, ... We are especially pleased with the balanced growth rate across almost all countries in both Europe and the Americas.
Cisco's collaboration with AT&T and GI will result in a New World network that will fundamentally change the way communications services are delivered to the consumer market.
Globally, business and government leaders are beginning to dramatically transform their traditional business models into Internet economy business models, ... Customers are increasingly seeking Cisco's expertise to help them through this transformation.
While we remain cautious about the implications of a brief pause in the current 10-year expansion of the U.S. economy, we believe that Cisco has never been better positioned to help our customers solve their two most important business issues: Increasing productivity and creating new sources of revenue.
We're taking these steps because of the continuing slowdown in the U.S. economy and initial signs of a slowdown expanding to other parts of the world.
We also now believe that this slowdown in capital spending could extend beyond two quarters.
The first four months of 2001 were extremely challenging, ... This may be the fastest deceleration any company of our size has ever experienced.
We saw strength across our core switching and routing businesses, as well as traction in our advanced technologies. The service provider and public sector segments, in particular, continue to be solid markets for our products.
We are continuing to see a number of signs that could be interpreted with the appropriate caveats as optimistic.
If it's set up in such a way that it breaks the conditionality required by the (International Monetary Fund), I think that would be a step backward.
To be sure, real differences of opinion existed between the groups. Compared to pro-life participants, pro-choice participants had more favorable personal attitudes toward the pro-choice issues and less favorable attitudes toward the pro-life issues, and vice versa.
There is no more important economic policy issue today than helping our nation remain the global innovation leader. To do this, our leadership must focus on an aggressive agenda to support math and science education, patent litigation reform, healthcare information technology, and research and development. We thank President Bush for his leadership and urge all members of Congress to address these issues in a comprehensive fashion to get the job done.
This proves our strategy is working in terms of the convergence of voice, video and data.