Christin Armacost
Christin Armacost
estimate excellent meeting missing record track
Cisco has an excellent track record of meeting analysts' expectations and the probability of them missing the estimate is low.
business conditions drive expected market miss people point profitable quarter surprising
People had expected everyone to miss the quarter so it's not surprising that they missed. Market conditions are especially challenging for some of these companies, and they are now getting down to a point where they can drive a profitable business model.
built call company demand expectation optical prior quite relative remained service
There's an expectation built into Nortel's valuation for the company to outperform relative to expectation and with all of the indications prior to the call that the demand for optical remained quite strong, especially with service providers.