|Exam Name||:||Building Cisco Service Provider(R) Next-Generation Networks Part 2|
|Questions and Answers||:||126 Q & A|
|Updated On||:||February 21, 2019|
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640-878 exam Dumps Source : Building Cisco Service Provider(R) Next-Generation Networks Part 2
Test Code : 640-878
Test Name : Building Cisco Service Provider(R) Next-Generation Networks Part 2
Vendor Name : Cisco
Q&A : 126 Real Questions
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provider company salary is shrinking as a part of Cisco's business, but normal income grew within the most fresh quarter, the company mentioned Wednesday.
Cisco methods Inc. (Nasdaq: CSCO) pronounced revenue of $12.4 billion, up 7% 12 months-over-12 months, for the second quarter of 2019. Non-GAAP internet salary was changed into $3.1 billion, up 6% yr-over-year. Non-GAAP earnings per share have been $0.73, up 16% yearly.
Switches, routers and other infrastructure structures, representing fifty seven% of Cisco's typical income, become up 6% 12 months-over-year, to $7.128 billion. Infrastructure is traditionally the groundwork of Cisco's company however is slowly being replaced via application, functions and different routine revenues.
Infrastructure platform increase comprises powerful consumer uptake of the company's Catalyst 9000 switches and SD-WAN services, the business observed.
The company's router items declined, because of universal weak point in the service issuer market, Cisco referred to.gentle reading is bringing together all of the key gamers within the automation revolution in a brand new region! don't omit the Telco Automation everywhere experience on April 2 in long island city. be part of us as we handle the business and technology challenges behind building self sustaining networks. This event is free for communications carrier providers -- register these days!
however different sectors grew faster -- functions, including AppDynamics and WebEx, become up 24% to $1.465 billion, and protection turned into up 18%, to $658 million. within functions, collaboration "had another quarter of exquisite boom," the business said.
Subscriptions are an more and more huge part of application profits, growing by using about 10 percent aspects yr-over-year, to sixty five% within the most contemporary quarter, up from 54% within the yr-ago quarter.
Of its business sectors, public sector saw the strongest growth, at 18%.
the USA govt shutdown had "minimal" effect on Cisco's company, CEO Chuck Robbins spoke of on Wednesday's salary name. He mentioned that only 25% of businesses had been impacted, and a few agencies accelerated their orders when they saw the shutdown coming. Public sector also debts for lots overseas boom, Robbins talked about, even though Cisco didn't get away those figures.
enterprise became Cisco's 2d strongest sector, at eleven%.
Cisco sees a powerful future ahead for the business. "We should have a beautiful a hit run ahead of us in commercial enterprise bills, assuming we proceed to execute, Robbins stated, cataloging a couple of elements that cause his optimism. The Catalyst 9000 swap remains in its early days, with a lot of room for increase. standard, switching changed into up double digits during this quarter. Cisco currently introduced a four hundred Gbit/s switch, and expects to look broadbased deployments in midyear.
Cisco's business boom is fueled via its built-in, internally built silicon and application. The business lately acquired Luxtera, in order to allow it to builds its own customized optics, intently built-in with the product, rather than procured externally. Cisco's hardware gives actual-time packet examination via silicon, in addition to intent-primarily based structure, and differentiates on energy consumption, Robbins stated. (See Cisco Sees Optics Innovation, Manufacturing Automation in Luxtera.)
The next strongest sector became commercial, Cisco's identify for small and midsized businesses, up 7%.
service provider became the one sector to decline, via 1%. Cisco did not explain that decline, both in its statements or on its salary name.
as the service provider company shrinks, protection is an increasingly important part of Cisco's company, Robbins stated. The 18% increase security noticed within the most contemporary quarter is the quickest in decades.
One analyst on the name referred to that Huawei applied sciences Co. Ltd. is claiming to take foreign market share from Cisco. Robbins pushed lower back on that. He pointed out China has an outdoor have an effect on on global market share. "if you are no longer taking part in a cloth method in China, it be difficult to gain share greatly across the world," Robbins stated. Internally, Cisco analyzes global markets each with and without China, "to peer how we're doing," Robbins talked about.
Robbins could be indicating right here that Cisco is waiting for a likely US-China alternate struggle, through which China will exclude Cisco. (See Will Trump Fan the Flames as Huawei Is Burned at the Stake?)
Cisco sees its international market share becoming improved, particularly because it innovates in 5G and the carrier company market. "we are able to put our innovation up against theirs, and any one's on this planet," Robbins talked about. "I consider very confident that not handiest can we compete, however we're, and we're winning presently."
In different financial effects: The business suggested Q3 information of 4% to six% salary growth and earnings per share $0.seventy six to $0.78 non-GAAP.
Cisco declared a quarterly dividend of $0.35 per average certain, up 6% sequentially. Cisco approved a $15 billion enhance for a inventory repurchase application, for a last $24 billion.
Cisco accomplished its divestiture of the provider provider Video application options (SPVSS) company throughout the 2d quarter, in particular on Oct. 28, and normalized its quarterly income to mirror that change. (See Cisco Closes Sale of Video application Unit to Permira.)
— Mitch Wagner government Editor, light analyzing
With carrier providers dealing with increasing competitive pressures, their know-how suppliers have to be loyal enterprise companions who give most excellent-in-class items that bring sustainable investment protection. most effective Cisco provides this degree of value to the carrier issuer business.
Cisco’s R&D investment – greater than 5 times that of our nearest service company competitor – continues to repay. definitely, simply in the ultimate week, we’ve considered noteworthy examples of how this long-term, consistent and chronic strategy is gaining traction with global carrier providers, which can be deploying Cisco’s flagship core and part routing systems, the CRS-3 and ASR families, in list numbers.
in the back of every brilliant expertise lies a team of dedicated, focused, and gifted engineers and developers. I need to thank every and every grownup who has contributed to the Cisco CRS and ASR platforms. Your effort and ability are making an incredible high-quality have an impact on in the broadband service issuer business.
actual transitions don't happen overnight. After attending Cisco live Europe 2018, I wrote about Cisco techniques Inc.’s digital transformation towards fitting a application business. At Cisco live Europe 2019, it changed into astonishing to see how tons growth has been made towards Cisco’s purpose of fitting a application company — and to be referred to as a application business greater than as a networking business.
one of the most biggest benefits for customers is that this evolution of Cisco’s strategy into software suites and multicloud options acts as a “unifying component,” assisting to simplify a vast portfolio that during the past might have users think that they are coping with more than one hundred different, primarily hardware-concentrated “agencies” interior the networking colossal. Hardware doesn’t go away, but announcements such as ACI anyplace and Hyperflex anywhere aid connect the dots for how the bins in SDN and HCI healthy into multicloud solutions.
The theme of the conference become that Cisco is looking to be the “bridge to viable.” Its place as the dominant network participant in commercial enterprise offers them the probability to fulfill valued clientele where they're and support them movement into the new multicloud world where – to make use of yet another Cisco line – customers should develop into “statistics-based.”
some of the extra seen items of Cisco’s progress on supporting a contemporary multicloud world is from the DevNet neighborhood. Over the last 5 years, the crew run via Cisco Senior vice president Susie Wee, who’s chief know-how officer of the DevNet neighborhood, has built a developer platform that now counts more than 560,000 registered participants. For evaluation, in 2017 there have been forty five,000 CCIEs globally. The DevNet crew has additionally been a driving drive internally to ensure that all Cisco products are programmable and have APIs.
on the conference, the DevNet Zone, where SiliconANGLE’s livestreaming studio theCUBE become determined, become filled with both school rooms and labs that had been bustling with endeavor. In speakme to users and companions, some of the fantastic on-line resources is the Sandbox, which provides an always-on place to improve, code and play with loads of application and infrastructure options. The DevNet neighborhood is the top-quality instance that we have seen in the trade of a traditional information know-how company building a a success developer observe with a thriving neighborhood from grassroots efforts.
Now 10 years into the wave of cloud computing, we've viewed many players go through iterations and screw ups in cloud techniques. effective business tech players akin to Cisco, VMware Inc. and purple Hat Inc. now place themselves to be aid clients in multicloud deployments. For Cisco, this means partnering with cloud providers – Amazon net services Inc., Microsoft Corp.’ Azure, Google Cloud and repair providers – and application and options that span between on-premises and cloud offerings.
Cisco released an incredible update to its cloud administration utility from the CliQr acquisition, now called Cloud center Suite. Now microservices-based mostly and a Kubernetes carrier itself, the software can now control and orchestrate containers, not just virtual machines. As discussed by Cisco’s Dave Cope, you permit “CloudCenter, when you outline your utility, to have in mind the resources on each and every of those environments and lay down that utility natively on those different environments.”
Cloud middle Suite is just one piece of a extensive multicloud portfolio developed from acquisitions, including Viptela (now Cisco’s main SD-WAN providing), AppDynamics (software performance monitoring and administration) and Cisco Stealthwatch Cloud (security answer from Lancope). Wendy Mars, Cisco’s president of Europe, the middle East and Africa, spoke of on theCUBE that European purchasers have gotten past hesitancy of embracing cloud. Now, clients determine, in line with business, application necessities, governance and protection, the correct places for workloads and elements.
besides the fact that children the leaders in public cloud are clearly described, there are numerous challenges and opportunities in multicloud. Cisco’s strategy is aid bridge its items and clients from its dominant networking and statistics core place into an international where Cisco isn’t the center of data, but does have amazing relevance. The function of networking and hardware will no longer disappear, but it’s smart of Cisco to support be a frontrunner in working towards and building the next technology of worker's and equipment.
right here’s an inventory of key clips from theCUBE’s interviews on the reveal. additionally, there are numerous evaluation segments from Cisco are living Europe 2019 on theCUBE.internet web page, as well as an episode of theCUBE Insights podcast on iTunes and Spotify, and more coverage in SiliconANGLE’s particular record on Managing the Multicloud. (* Disclosure: TheCUBE turned into a media companion for Cisco reside. Neither Cisco nor other sponsors have editorial control over content material on theCUBE or SiliconANGLE.)photograph: Cisco because you’re here …
… We’d want to let you know about our mission and how you can help us fulfill it. SiliconANGLE Media Inc.’s company model is in response to the intrinsic price of the content, no longer advertising. in contrast to many on-line publications, we don’t have a paywall or run banner advertising, because we need to preserve our journalism open, with out have an effect on or the should chase site visitors.The journalism, reporting and commentary on SiliconANGLE — along with are living, unscripted video from our Silicon Valley studio and globe-trotting video groups at theCUBE — take lots of tough work, time and money. retaining the satisfactory high requires the aid of sponsors who're aligned with our vision of ad-free journalism content material.
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The United States’ top cyber diplomat just offered an unusually blunt warning to other nations: Allowing Huawei and other Chinese companies into their next-generation telecommunications networks would allow Beijing to expand its surveillance state around much of the globe.
The argument from Rob Strayer, the State Department’s top cyber official, was the most elaborate public case a U.S. official has made against Huawei’s inclusion in 5G networks. It follows a months-long pressure campaign by U.S. officials to ban the Chinese telecom giant from 5G in Canada, Britain, Europe and elsewhere.
“A country that uses data in the way China has — to surveil its citizens, to set up credit scores and to imprison more than 1 million people for their ethnic and religious background — should give us pause about the way that country might use data in the future,” Strayer said Wednesday at the Center for Strategic and International Studies think tank. “It would be naive to think that country, [given] the influence it has over its companies, would act in ways that would treat our citizens better than it treats its own citizens.”
The Trump administration is considering an executive order that would effectively allow it to ban Huawei and other Chinese companies from U.S. telecom systems, but even that wouldn't fully protect U.S. information because data moves so easily across national borders. Even sensitive U.S. government information would remain vulnerable if officials were communicating with allies who allowed Huawei on their 5G networks, Strayer said.
“There’s so much data flowing around the world, it’s impossible to just isolate one country’s networks and think: ‘That’s okay, I’m fine,' " he said.
The transition to 5G, which is in its earliest stages, will mark a massive development in mobile technology. It will offer far faster download speeds and the ability to run billions more devices on mobile networks, including smart devices such as autonomous vehicles and powerful artificial intelligence systems. While it will be five or more years before the sytem is fully operational, a lot of the contracts to create its basic building blocks will be negotiated this year.
That exponential increase in connectivity, however, will also “dramatically increase the networks’ threat vectors and attack surfaces,” Michael Wessel, a member of the U.S.-China Economic and Security Review Commission, told me — especially if a U.S. adversary controls large portions of it.
China could leverage Huawei’s position in 5G networks to steal “trillions” of dollars of intellectual property, Strayer noted, or to implant malware on adversaries’ networks. It could even shut down parts of those networks amid geopolitical conflicts. Strayer’s concerns would apply to any Chinese company, he noted, though Huawei is, by far, the most prominent example.
The move against Huawei isn’t limited to 5G developments.
Congress banned the company from U.S. government networks last year amid fears it would be used as a Chinese government spying tool and the Federal Communications Commission has proposed a rule that would allow it to ban the company from smaller networks that accept federal grants, where the company has its strongest foothold.
The Justice Department also indicted Huawei’s chief financial officer and two affiliates in January, alleging a host of crimes, including stealing robotics technology from T-Mobile and violating sanctions against Iran.
But the United States’ international lobbying campaign against Huawei goes a step further, seeking to restrict China from playing a key role in an entire generation of digital development. Its success or failure could determine the fate of Internet security for years, Strayer said.
“We’re talking to partners around the world about this as they upgrade to 5G. We’re raising it at the highest diplomatic levels,” Strayer said. “The generational nature of 5G, the transformational nature of it means there will be a whole generation of lock-in.”You are reading The Cybersecurity 202, our must-read newsletter on cybersecurity policy news. Not a regular subscriber?
PINGED, PATCHED, PWNED
PINGED: The Department of Homeland Security warned that a hacking group linked to the Chinese government remains a threat to U.S. businesses even though it has kept mostly quiet following the indictment last year of two of its members, FCW's Derek B. Johnson reported. The APT10 group has been targeting managed service providers — businesses that handle IT management on behalf of other companies, including cloud providers, Rex Booth, chief of cyberthreat analysis at the Cybersecurity and Infrastructure Security Agency, said during a DHS webinar. Penetrating the systems of such service providers can allow hackers to move into the networks of the client companies.
“Their strategies have shifted from labor-intensive, one-off compromises of individual targets to the use of the force-multiplier effects that enable them to compromise multiple targets through a single attack,” Booth said, according to CyberScoop's Sean Lyngaas. “That shift in strategies increases the risk for all of us.” As FCW reported, the hacking campaign mainly targets businesses whose activities fall within Beijing's “Made in China 2025” policy that aims to make the country a leader in emerging technologies, according to U.S. officials.
CyberScoop's Lyngaas tweeted a slide from the webinar:
PATCHED: Researchers from Recorded Future and Rapid7 provided an example of how APT10 operates when they released a report indicating that the hacking group penetrated the networks of Visma, a Norwegian software company. The researchers believe the hackers probably sought to compromise Visma in order to penetrate the company's clients rather than to steal Visma's own intellectual property.
Recorded Future and Rapid7 called APT10 “the most significant Chinese state-sponsored cyber threat to global corporations known to date."
Espen Johansen, operations and security manager for Visma, told Reuters's Jack Stubbs that he thinks the hackers didn't sucessfully access the networks of the company's clients. “But if I put on my paranoia hat, this could have been catastrophic,” he said, according to Reuters. “If you are a big intelligence agency somewhere in the world and you want to harvest as much information as possible, you of course go for the convergence points, it’s a given fact.”
PWNED: Some hackers and scammers are taking part in an “underground industry” that focuses on removing a user's iCloud account from their iPhone so the device can be resold, according to Motherboard's Joseph Cox and Jason Koebler. If an iCloud user's account remains on a stolen device, that allows the victim to remotely lock the phone and track it down by using the Find My iPhone feature — which is why resellers and thieves often seek to remove the iCloud account.
“In practice, ‘iCloud unlock’ as it’s often called, is a scheme that involves a complex supply chain of different scams and cybercriminals,” Motherboard reported. “These include using fake receipts and invoices to trick Apple into believing they’re the legitimate owner of the phone, using databases that look up information on iPhones, and social engineering at Apple Stores.” For instance, hackers may target the original owner of an iCloud account with a phishing scam to get ahold of their password and then enter it to remove the iCloud account.
— Metro said it has updated security provisions in a request for proposals for the next generation of subway cars following concerns from several senators about the risk of Chinese spying, CyberScoop's Lyngaas reported. “We are confident that these approaches will impose appropriate controls that limit any malicious actor’s ability to embed malware and for WMATA to monitor and enforce security requirements,” Metro General Manager Paul J. Wiedefeld told Sens. Mark R. Warner (D-Va.), Tim Kaine (D-Va.), Ben Cardin (D-Md.) and Chris Van Hollen (D-Md.) in a letter, according to CyberScoop. The Washington Post's Robert McCartney reported last month that the senators had asked Metro to take steps to prevent the risk of spying by China should the state-owned China Railway Rolling Stock Corp. win a contract to build new rail cars.
— The technology company Cisco said Congress ought to pass federal privacy legislation in part to avoid inconsistent privacy protection requirements if states across the country move to pass their own laws, the company said in a blog post this morning. Moreover, the absence of such general legislation at the federal level hinders the competitiveness of companies that are based in the United States but also do business abroad, the company said.
“Cisco calls for comprehensive US federal privacy legislation anchored to core principles of security, transparency, fairness, and accountability because privacy is a fundamental human right,” Chuck Robbins, Cisco's chairman and chief executive, said in a statement.
— More cybersecurity news from the public sector:
Prosecutors in Northern California have charged two men with using unauthorized SIM swaps to steal and extort money from victims.
— Telecommunications companies sold sensitive customer location information known as “assisted GPS” data to third-party companies that in turn sold it to bounty hunters, Motherboard's Joseph Cox reported. Such assisted GPS or A-GPS data is meant for use by first responders to locate people who call 911 during emergencies. Motherboard also reported that about 250 bounty hunters and other third-party companies had access to the location data of AT&T, T-Mobile and Sprint customers.
“This scandal keeps getting worse. Carriers assured customers location tracking abuses were isolated incidents. Now it appears that hundreds of people could track our phones, and they were doing it for years before anyone at the wireless companies took action,” Sen. Ron Wyden (D-Ore.) told Motherboard in an emailed statement. “That’s more than an oversight — that’s flagrant, willful disregard for the safety and security of Americans.” You can read Motherboard's full investigation here.
— Security researchers at Booz Allen Hamilton said in a report that state-sponsored hackers are improving their techniques to hide their identities, Nextgov's Jack Corrigan reported. As a result, the government could face more difficulties in identifying those who are behind cyberattacks. “Beyond improved deception tactics, researchers also expect foreign adversaries to double-down on information warfare over the next year, particularly as a means for economic gain,” Corrigan reported.
— More cybersecurity news from the private sector:
Many major companies, like Air Canada, Hollister and Expedia, are recording every tap and swipe you make on their iPhone apps.
It’s a lose-lose situation for Google’s Nest
Youngster takes a bite out of Apple's keychain and isn't telling the Mac manufacturer how he did it.
At least eight airlines, including Southwest, use e-ticketing systems that could allow hackers to access sensitive information about travelers merely by intercepting emails, according to research published Wednesday by the mobile security company Wandera.
As auto makers roll out ever more sophisticated features to make your daily commute easier, the upgrades are also making your new car more vulnerable to cyberattacks, according to a new report.
THE NEW WILD WEST
A $2 billion effort by China’s Huawei to address security issues raised in a British government report last year will take between three and five years to produce results, according to a company letter to British lawmakers seen by Reuters.
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Conspiracy theorists are saying RBG is dead. She’s not.
BARCELONA (Reuters) - Cisco Systems (CSCO.O) said on Sunday it aims to disrupt the wireless radio access market led by Huawei HWT.UL, Ericsson (ERICb.ST) and Nokia (NOKIA.HE) by backing challengers who make more flexible software versions of traditional mobile gear.
FILE PHOTO - The logo of Cisco is seen at Mobile World Congress in Barcelona, Spain, February 27, 2017. REUTERS/Eric Gaillard/File Photo
Cisco, known for making networking gear that moves big volumes of data around the internet, wants a bigger share of the mobile market by backing these alternative providers rather than by making radio access equipment itself.
Its radio access network push is part of Cisco’s efforts to prove to mobile network operators that investing in modern infrastructure and automation tools can help them to cope with increased data demands, while lowering costs.
The Silicon Valley company made the announcement ahead of this week’s Mobile World Congress in Barcelona, where hundreds of telecom operators are looking for new ways to deal with exploding customer data demands and intense pricing pressures.
Cisco said it is working with more than 20 network operators to offer next-generation 5G services, which promise to deliver not just faster phones and video, but also connected cars and internet-connected industrial sensors over the next decade.
“Many of the things we enable you to do, you can do before 5G,” Yvette Kanouff, general manager of Cisco’s business unit for telecom service providers, told Reuters in an interview.
Ray Mota, an industry analyst at ACG Research, said Cisco was looking to convince operators to spend more on what he called “precursors to 5G”, which solve pressing network issues but won’t need to be replaced once 5G rolls out in earnest starting around 2020.
Ovum, another research firm, said Cisco’s message was that “an operator can deliver much of the functionality of 5G, with up to 85 percent of its features, today.”
So-called virtual Radio Access Network (vRAN) providers include mobile industry outsiders like Intel (INTC.O), Red Hat RHAT.O, Mavenir, Phazr, and Tech Mahindra which seek to replace proprietary wireless radios made by the mobile industry’s big three with cloud-based software.
Virtual radio gear enables customers to rely on commodity computer hardware, cutting out big costs for mobile networks.
Cisco’s effort is supported by Indian operator Reliance Jio, which since 2016 has up-ended the country’s mobile market by building a state-of-the-art 4G network and giving away free voice and data services for six months to win a wide following.
Cisco’s bid to open up the market puts it in competition with the big mobile equipment vendors, including No. 2 ranked Ericsson. Cisco also has a two-year-old joint sales pact with Ericsson in which they cooperate on 160 current deals, Kanouff said.
Network market research firm Dell’Oro estimates that revenue from Radio Access Network (RAN) equipment - which has declined in recent years - is set to stabilize before growing modestly to around $30.5 billion by 2022 as 5G commercial networks take off.
Reporting by Eric Auchard. Editing by Jane Merriman
Cisco's pivot to software-based revenues was rewarded during its second-quarter earnings report after the market closed on Wednesday.
Despite tariffs, Brexit and challenging currency issues overseas, Cisco CEO Chuck Robbins said on the earnings call that its enterprise customers were showing amazing resiliency as they continued to view technology as a core part of their growth strategies.
This was born out by Cisco reporting a net income of $2.8 billion, or 63 cents per share in the second quarter that ended last month, compared to a loss of $8.78 billion, or $1.78 per share a year ago after Cisco had a charge of $11.1 billion due to new U.S. tax laws.
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Cisco's reported non-GAAP earnings of 73 cents per share on revenue of $12.45 billion, which was a 7% increase year-over-year. In the same quarter a year ago, Cisco earned 63 cents per share on sales of $11.9 billion.
Wall Street had projected earnings of 72 cents per share with 12.4 billion. Cisco's shares were up 3% in after-market trading.
"This quarter we again demonstrated that we have built a resilient growth engine that is firing on multiple cylinders," Robbins said on the conference call with analysts. "Our strategy of expanding our portfolio while investing in our core markets in delivering unprecedented innovation for customers and sustainable value for our shareholders.
"We're building the technologies that enhance our customers' new digital capabilities and experiences like never before. With the continued expansion to the cloud, the increasing connectivity of users and devices and the need to secure their enterprises, our customers are facing the most complex and dynamic IT environment we've ever seen. Cisco's intent-based networking architecture helps them navigate this complexity by enabling them to simplify, automate and securely transform their infrastructure."
Over the last 18 months, Robbins said Cisco has been reinventing networking from the ground up to connect every domain of an enterprise
"It's clear that the investments we've made in our core business are paying off," Robbins said. "We're executing well with continued growth in our infrastructure portfolio and strong customer uptake in our Catalyst 9000 family of switches and our SD-WAN offerings."
In the second quarter, revenue in Cisco's application software business increased by 24% to $1.47 billion, which exceeded analyst estimates of $1.35 billion. Cisco reported that 65% of its software revenues came from subscription sales.
Sales in Cisco's infrastructure platform business, which includes the company's traditional routers and switches, increased $6% to $7.13 billion. Cisco's security revenue increased 18% to $658 million while "other products" revenue was down $91 million year-over-year to $22 million. Application revenue was up 24% to $1.5 billion.
RELATED: Cisco to buy semiconductor company Luxtera for $660M
Robbins said Cisco was positioned to cash-in on the migration to 100G and 400G services. While Cisco spins its own silicon, Robbins said Cisco would also benefit from its $660 million deal in December to buy semiconductor vendor Luxtera. Luxtera uses silicon photonics to build integrated optics capabilities for webscale and enterprise data centers, service providers and other business verticals.
Cisco said it expects third-quarter revenue to increase 4% to 6 % and for adjusted earnings to come in at 76 cents to 78 cents a share. Cisco's board of directors approved a $15 billion increase to the authorization of the company's stock repurchase program.
Huawei not a concern
Robbins also professed not to be too concerned about Huawei. Despite facing bans in the U.S. and other countries over the use of its 5G gear, Huawei has said its outlook for this year was higher than ever. Robbins said it was difficult to gain market share in China and that China skewed overall market numbers.
"I think our portfolio right now from an innovation perspective, particularly the work that our teams are doing in the SP (service provider) space, and the work that we're doing around the 5G packet core and some of these next-generation platforms that are going to hit the market this year, I would put up our innovation against theirs and anybody else in the world right now," Robbins said. "I think if you look at our performance in EMEA and APJC (Asia Pacific, Japan and China) over the last few quarters that would suggest that we're not only holding our own but we're competing and winning."
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