During Tuesday's quarterly earnings call with analysts, Cisco Systems CEO John Chambers mentioned in passing that orders of the company's telepresence units were up 500 percent year over year.
Considering the scope of Cisco's $10.4 billion in sales during the second quarter, this qualifies as relative chump change. The list price for the company's typical telepresence configuration is $299,000. Also, there's a difference between the way Cisco books orders and sales.
Tech CEOs tend to lay it on a bit thick when talking up the bright spots in their business, and Chambers naturally … Read more