Cisco profit rises as Internet traffic grows

I've always been a Cisco believer, and it looks like I've been proven right again! Jerry keeps setting up new websites while at the same time telling me to sell Cisco...

Cisco Systems Inc. (CSCO.O) surprised investors on Tuesday with a stronger-than-expected outlook and quarterly profit as demand for network equipment to handle Web traffic showed no signs of weakening, driving its shares up 5 percent.

The announcement defied some analysts' predictions that the biggest maker of routers and switches to direct Internet traffic might fail to surprise this quarter, after the previous two quarterly results triggered heavy buying in the shares.

Link: Cisco profit rises as Internet traffic grows