Cisco CEO apologizes to shareholders

[Josh4580]

http://www.reuters.com/article/idUSN1810301620101118?feedType=RSS&feedName=companyNews&rpc=43

 

"I hate being unpredictable, and this clearly was a disappointment for us," he told an annual meeting of shareholders.

 

"I am sorry ... I'm really disappointed," he said. "I consider both transparency and consistency very important. We won't surprise you very often, and I apologize that we did."

 

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This is why guidance is a waste of time