Cisco's CEO said they might still be able to achieve 30-50% YOY growth. What numbers are they referring to the 30-50% growth?Profits, revenue, Market Cap?What time frame is YOY?12 months? Calendar?Hi,I think this is the quote you are referring to:http://cbs.marketwatch.com/news/story.asp?siteid=fool&guid=%7B66532F1D%2D06DD%2D46FC%2D8A44%2DF5B0915832B8%7D&"As for long-term industry growth, Chambers said "only time will tell" whether the industry grows at 15 to 20 percent or 30 to 50 percent annually. "It's a stretch, but it is an achievable goal for Cisco, or one of our peers," he said. Cisco has often said it is capable of the more aggressive 30 percent to 50 percent growth rate." I think he is saying revenues for the Networking & Communication Devices industry (and Cisco) could grow 15 to 50% per year.YOY = Year over year.Keith O'MalleyTMF KGOMalleyMotley Fool Select Find tomorrow's leaders today! The Motley Fool Select uncovers the market's best investment opportunities each month, with stock ideas for all investment styles. www.foolmart.com/Shopping/Product_View.asp?PRODUCT_ID=MF4200_01&ref=CSBO02111
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