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Cisco Systems sees net income fall 17.9%

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CBJ – Feb. 10 – The second quarter of fiscal 2011 was not kind to consumer electronics company Cisco Systems Inc., which saw a 17.9 per cent drop in net income even as sales grew 6 per cent. San Jose, Calif.-based Cisco (Nasdaq: CSCO) announced net income of US$1.5 billion in Q2 2011 yesterday, down from $1.9 billion the year before.“The quarter played out as

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