Methods might report a pointy falloff in orders when the networking big reviews October quarter earnings after the shut of buying and selling on Wednesday, however its big backlog ought to assist drive stable monetary outcomes.
Like different enterprise computing firms, Cisco (ticker: CSCO) faces a posh macroeconomic surroundings. The sturdy greenback is an issue, and so is decelerating enterprise spending. However, Cisco has an unlimited order backlog that constructed up in latest quarters as the corporate struggled to fulfill demand. That ought to offset any weakening of orders. And issues within the provide chain seem like getting higher after a number of quarters of extreme part shortages and excessive supply prices.