back to article Cisco warns of up to $720m sales loss: Blames China lockdown, Russia pullout

Cisco Systems surprised Wall Street by warning investors that the Shanghai lockdown and the war in Ukraine will eradicate any revenue growth prospects in its current – and final – quarter of 2022. The world's largest networking vendor estimates that turnover for its Q4 ending in mid-summer will decline by between 1 percent to …

  1. Pascal Monett Silver badge

    "meaning a drop of $131 million to $720 million"

    I would really like to be able to drop my revenue to 5.5 times its current level.

    That's a sacrifice I'm willing to make.

  2. VoiceOfTruth Silver badge

    Wait until China retaliates for Huawei

    You won't see Cisco in China anywhere.

  3. sanmigueelbeer

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