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HolidayBuyer's Guide
Tech Industry

Short Take: Cisco's sales slow

International sales growth is slowing for Cisco Systems, according to a Reuters report. The slowdown is taking place amid declining capital spending and a stronger dollar, Cisco CEO John Chambers said. Cisco's sales lead time, or backlog of sales, is also shrinking, causing the company to economize.

International sales growth is slowing for Cisco Systems, according to a Reuters report. The slowdown is taking place amid declining capital spending and a stronger dollar, Cisco CEO John Chambers said. Cisco's sales lead time, or backlog of sales, is also shrinking, causing the company to economize.