Cisco earnings up 4 percent, beating forecasts

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Exterior view of Cisco Systems headquarters in San Jose Calif. Tuesday Aug. 5 2008. Cisco Systems Inc. reports a 4.4 percent increase in net income for its latest quarter beating analyst expectations by a penny per share. (AP PhotoPaul Sakuma)
Exterior view of Cisco Systems headquarters in San Jose, Calif., Tuesday, Aug. 5, 2008. Cisco Systems Inc. reports a 4.4 percent increase in net income for its latest quarter, beating analyst expectations by a penny per share. (AP Photo/Paul Sakuma)

(AP) -- Cisco Systems Inc. reported a 4 percent increase in quarterly profit Tuesday, beating analysts' expectations by a penny per share, but signaled that the weak economy would affect results in the next few quarters.


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