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Cisco Release Financial Stats

Cisco reported third quarter results for the period ended April 30, 2011, with net sales of $10.9 billion and net income of $1.8 billion.

“This quarter played out as we expected, ” CEO John Chambers said. “We have acknowledged our challenges. We know what we have to do. We have a clear game plan, and we are a company with a track record of market-shaping innovation. We thank our shareholders, employees, customers and partners as we transition to the next phase of Cisco.”

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