Mr. Chambers expect Cisco to deliver a formidable 18%-20% revenue growth this coming quarter.

FORBES: Spotting A Bargain And Taking It With Cisco Systems

Mr Stanzione also takes a dig at Cisco.

ECONOMIST: Telecoms equipment

Mr Chambers's parsimony is commendable, but Cisco's shareholders might be better served if he stayed at home and ran the company instead.

ECONOMIST: Cisco��s reluctant evangelist

Cisco's chief security officer John N Stewart also suggested that Mr Schmidt had his work cut out for him.

BBC: US appoints Howard Schmidt as cybersecurity chief

Moreover, Mr. Chambers clearly stated that notwithstanding the uncertainty in the global economic outlook, he is optimistic that Cisco will deliver because of its positioning and winnings in the global markets.

FORBES: Spotting A Bargain And Taking It With Cisco Systems