Cloud Computing: Cisco Continues to Make All the Right Moves
Grazed from DailyFinance. Author: Tim Brugger.
If questions remained regarding Cisco’s (NAS: CSCO) ability to outperform analyst and shareholder expectations, its earnings announcement from a couple of weeks ago silenced them in a big way. Cisco’s year-over-year operating income, net income, revenue, and cash from operations are all through the roof. To top things off, CEO John Chambers and the team finally dug into the $48 billion in reserves and increased the dividend yield to an impressive 2.89%.
Rather than congratulate itself on a stellar quarter, Cisco is continuing its push for significant growth in key business areas. In conjunction with previously announced cost-saving initiatives, the moves will keep investors cheering well into 2013…


Salesforce.com, the enterprise cloud computing company, today announced Dreamforce 2012, the world’s largest enterprise technology and cloud computing event ever. In its 10th year, Dreamforce expects to welcome more than 70,000 registered attendees to experience the social enterprise. Dreamforce 2012 will take place Sept. 18 – 21 at the Moscone Convention Center in San Francisco.