Cisco 3Q profit beats subdued expectations

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Exterior of Cisco Systems Inc. is shown at Cisco headquarters in San Jose Calif. Monday May 5 2008. Cisco is expected to release quarterly earnings Tuesday May 6 2008. (AP PhotoPaul Sakuma)
Exterior of Cisco Systems Inc. is shown at Cisco headquarters in San Jose, Calif., Monday, May 5, 2008. Cisco is expected to release quarterly earnings Tuesday, May 6, 2008. (AP Photo/Paul Sakuma)

(AP) -- Cisco Systems Inc.'s profit fell 5 percent in its fiscal third quarter but beat Wall Street's expectations, a sign the turbulent U.S. economy didn't rattle the world's largest networking equipment maker as hard as expected.


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