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This Annual Report on Form 10-K, including the “Management’s Discussion and Analysis of Financial Condition and Results
of Operations,” 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 (the “Securities Act”) and the Securities Exchange Act of 1934 (the
“Exchange Act”). All statements other than statements of historical facts are statements that could be deemed forward-looking
statements. 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, any
statements that refer to projections of our future financial performance, our anticipated growth and trends in our businesses,
and other characterizations of future events or circumstances are forward-looking statements. Readers are cautioned that
these forward-looking statements are only predictions and are subject to risks, uncertainties, and assumptions that are difficult
to predict, including those identified below, under “Item 1A. Risk Factors,” and elsewhere herein. Therefore, actual results
may differ materially and adversely from those expressed in any forward-looking statements. We undertake no obligation to
revise or update any forward-looking statements for any reason.
PART I
Item 1. Business
General
We design, manufacture, and sell Internet Protocol (IP) based networking and other products related to the communications
and information technology (IT) industry and provide services associated with these products and their use. We provide a
broad line of products for transporting data, voice, and video within buildings, across campuses, and around the world. Our
products are designed to transform how people connect, communicate, and collaborate. Our products are utilized at enterprise
businesses, public institutions, telecommunications companies and other service providers, commercial businesses, and
personal residences.
We conduct our business globally and manage our business by geography. Our business is organized into the following three
geographic segments: The Americas; Europe, Middle East, and Africa (EMEA); and Asia Pacific, Japan, and China (APJC).
For revenue and other information regarding these segments, see Note 16 to the Consolidated Financial Statements.
We were incorporated in California in December 1984, and our headquarters are in San Jose, California. The mailing address
of our headquarters is 170 West Tasman Drive, San Jose, California 95134-1706, and our telephone number at that location is
(408) 526-4000. Our website is www.cisco.com. Through a link on the Investor Relations section of our website, we make
available the following filings as soon as reasonably practicable after they are electronically filed with or furnished to the
Securities and Exchange Commission (SEC): our Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, Current
Reports on Form 8-K, and any amendments to those reports filed or furnished pursuant to Section 13(a) or 15(d) of the
Exchange Act. All such filings are available free of charge. The information posted on our website is not incorporated into this
report.
As part of our business focus on the network as the platform for all forms of communications and IT, our products and services
are designed to help our customers use technology to address their business imperatives and opportunities-improving
productivity and user experience, reducing costs, and gaining a competitive advantage-and to help them connect more
effectively with their key stakeholders, including their customers, prospects, business partners, suppliers, and employees. We
deliver networking products and solutions designed to simplify and secure customers’ network infrastructures. We also deliver
products and solutions that leverage the network to most effectively address market transitions and customer requirements-
including in recent periods, virtualization, cloud, collaboration, and video. We believe that integrating multiple network
services into and across our products helps our customers reduce their operational complexity, increase their agility, and
reduce their total cost of network ownership. Our products and technologies are grouped into the following categories:
Switching; Next-Generation Network (NGN) Routing; Service Provider Video; Collaboration; Wireless; Data Center;
Security; and Other Products.
Network architectures, built on core routing and switching technologies, are evolving to accommodate the demands of
increasing numbers of users, network applications and new network-related markets. These new markets are a natural
extension of our core business and have emerged as the network has become the platform for provisioning, integrating, and
delivering an ever-increasing array of IT-based products and services.
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