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.”