Cisco's revenue falls for seventh straight quarter

Cisco Systems Inc`s revenue fell for the seventh straight quarter as declines in its switches and routers businesses outpaced gains at its newer software-focused divisions, such as security.

The world`s largest networking gear maker said on Wednesday revenue fell nearly 4 percent to $12.13 billion in the fourth quarter ended July 29, compared with a year earlier.

Net income fell to $2.42 billion, or 48 cents per share, from $2.81 billion, or 56 cents per share.

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