Computers | GK Men - computers
By PETER SVENSSON NEW YORK - Cisco Systems Inc., the world's largest maker of computer networking gear, is showing signs of pulling a turnaround, exceeding analyst sales expectations for the second quarter in a row. "We made very solid progress," CEO John Chambers told investors and analysts on a conference call Wednesday. The San Jose, Calif., company posted net income of $1.8 billion, or 33 cents per share, in the fiscal first quarter, which ended in October. That compares with $1.9 billion, or 34 cents per share, a year ago. Excluding the cost of share-based compensation, tax..
By DONNA BRYSON JOHANNESBURG - Sure, 24-year-old Gertrude Kitongo cherishes a cell phone as a link to family and friends, from her grandmother in a Ugandan village to former schoolmates in Zimbabwe. For Kitongo, her cell phone also serves as a radio, library, mini cinema, bank teller and more. The Kenyan-Ugandan who just finished marketing studies in South Africa is an urban, cosmopolitan, on-the-move face of cell phone users on the continent, where a report released Wednesday shows mobile penetration has reached 649 million connections, second only to Asia. The report by the..
The information in this article was current at 06 Dec 2011