First, the basic facts. For its Q2 ended January 28, Cisco reported:
- Net sales of $11.5 billion, up 11 percent
- Net income of $2.2 billion, up 48 percent
"Our performance in the service provider market this quarter is proof of the power of our integrated architectural approach, and the benefits of our intelligent network in helping our customers to transform their business and capitalize on new revenue opportunities.He added: "Our Q2 revenue growth and guidance for Q3 appears to be proof points in how we've been breaking away from many of our competitors."
This architectural approach makes us a strategic partner to our top service provider customers globally, and it's what differentiates us from our competitors. So while others talk about the decline in service provider CapEx, we are pleased with our performance and the alignment of our portfolio with our service provider customer's spending priorities."
Chambers' words are an indirect attack on Juniper, which issued a financial warning in January 2012 -- though Juniper did host a successful global partner conference that month as well.