Cisco 2013 Annual Report Download - page 138

Forward-Looking Statements
This Annual Report contains forward-looking statements regarding future events and our future results that are
subject to the safe harbors created under the Securities Act of 1933 and the Securities Exchange Act of 1934,
each as amended. These statements are based on current expectations, estimates, forecasts, and projections about
the industries in which we operate and the beliefs and assumptions of our management. Words such as “expects,”
“anticipates,” “targets,” “goals,” “projects,” “intends,” “plans,” “believes,” “seeks,” “estimates,” “continues,”
“endeavors,” “strives,” “may,” variations of such words, and similar expressions are intended to identify such
forward-looking statements. In addition, statements that refer to the following are forward-looking statements:
our belief that we are the only company in the industry whose products and solutions can deliver on an integrated
architectural approach that is key to our customers’ success now and into the future; our ability to consistently
navigate our business through changing environments as making us uniquely positioned in the industry; our
managing our overall business as a portfolio as increasing our strategic position in the market; our being well-
positioned in our Next-Generation Network (NGN) Routing product category; our view that our Cisco Open
Network Environment (Cisco ONE) solution is the most comprehensive framework for network programmability
and software defined networking (SDN); our expectation that our anticipated acquisition of Sourcefire, Inc. will
enable us to become our customers’ leading security partner and will enable us to provide continuous and
pervasive advanced threat protection across the entire attack continuum and from any device to any cloud; our
long-term focus on the Internet of Everything (IoE) and our belief that by bringing “everything” online IoE will
create significant opportunities for organizations, communities and countries to obtain greater value from
networked connections; our intent to continue to move into new markets that provide recurring revenue streams;
our intent to continue to deliver the next wave of innovation in the industry; the existence of opportunities for us
to drive profitable growth including cloud and the unified data center, the mobility market transition, and next-
generation video; the increasing pace of key technology market transitions and our belief that we are well-
positioned to capitalize on growth opportunities presented by these market transitions due to our having
accelerated our speed of innovation; and other characterizations of future events or circumstances. Readers are
cautioned that these forward-looking statements are only predictions and may differ materially from actual future
events or results due to a variety of factors, including: business and economic conditions and growth trends in the
networking industry, our customer markets and various geographic regions; global economic conditions and
uncertainties in the geopolitical environment; overall information technology spending; the growth and evolution
of the Internet and levels of capital spending on Internet-based systems; variations in customer demand for
products and services, including sales to the service provider market and other customer markets; the return on
our investments in certain priorities, including our foundational priorities, and in certain geographical locations;
the timing of orders and manufacturing and customer lead times; changes in customer order patterns or customer
mix; insufficient, excess or obsolete inventory; variability of component costs; variations in sales channels,
product costs or mix of products sold; our ability to successfully acquire businesses and technologies and to
successfully integrate and operate these acquired businesses and technologies; increased competition in our
product and service markets, including the data center; dependence on the introduction and market acceptance of
new product offerings and standards; rapid technological and market change; manufacturing and sourcing risks;
product defects and returns; litigation involving patents, intellectual property, antitrust, shareholder and other
matters, and governmental investigations; natural catastrophic events; a pandemic or epidemic; our ability to
achieve the benefits anticipated from our investments in sales, engineering, service, marketing and manufacturing
activities; our ability to recruit and retain key personnel; our ability to manage financial risk, and to manage
expenses during economic downturns; risks related to the global nature of our operations, including our
operations in emerging markets; currency fluctuations and other international factors; changes in provision for
income taxes, including changes in tax laws and regulations or adverse outcomes resulting from examinations of
our income tax returns; potential volatility in operating results; and other factors listed in Cisco’s most recent
report on Form 10-K contained in this Annual Report. Our results of operations for the year ended July 27, 2013
are not necessarily indicative of our operating results for any future periods. We undertake no obligation to revise
or update any forward-looking statements for any reason.