Cisco surpassed its AI kit sales forecast for FY 2025, achieving over $2 billion in revenue from webscale customers, more than double its original target. CEO Chuck Robbins highlighted that this showcases the relevance of Cisco's technology for advanced applications. Despite this success, Cisco's share of the broader datacenter spend, estimated at almost $300 billion from competitors like Microsoft and Google, remains small. In Q4, Cisco reported $14.7 billion in revenue and significant gains in net income, with AI sales contributing notably to annual growth. The company secured major deals for networking and security products, showing strong customer interest.
CEO Chuck Robbins stated that Cisco's AI Infrastructure orders from webscale customers exceeded $800 million in Q4, resulting in a fiscal year total of over $2 billion, more than double the original target of $1 billion. He emphasized this achievement reflects the capability and relevance of Cisco's technology for diverse back-end use cases among technologically advanced customers.
Robbins pointed to significant developments in Cisco's portfolio, including two billion-dollar deals with web-scale customers for a mix of networking, security, collaboration, and observability products. He mentioned that customer interest in the Catalyst 9000 switches, featuring new custom silicon, has translated into substantial sales, particularly with 80 units sold of the Hypershield network security product.
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