camknows After its quarterly earnings call on Wednesday evening, Cisco’s stock price is down over 12 percent (as of this writing) on Thursday.

The tumble comes after Cisco adjusted its guidance down, saying that its current quarter’s revenue could be down as much as 10 percent when compared to the same period last year.

In the first fiscal quarter of 2014, the company took in a net profit of $2 billion, down 4.6 percent when compared to the same period in 2013. Interestingly, company executives attributed part of that slowdown to a backlash from China. Cisco says that June 2013 documents provided by former National Security Agency contractor Edward Snowden revealed American surveillance in China and that those revelations have somewhat tarnished its business with the nation.     

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