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Cisco’s Chambers: ‘STBs not real profitable’

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John Chambers, Chairman and CEO of Cisco, has suggested that the company’s set-top box business has adversely affected its profitability and that transitioning customers to cloud-based technology will address the problem. In an earnings call to discuss Cisco’s Fourth Quarter and Fiscal Year 2013 Financial Results, Chambers said that the problem in its service provider business was in the cable [...]

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