We were previously looking for revenue of $16.1 million and earnings per share of one cent. Weak demand for PCs and flat-panel displays were cited as the culprits.

we believe we are on track to deliver on our previously disclosed range of earnings per share of $2.58 to $2.85 during the second half of this year.

Margins and revenue were better than feared. Inventories did go up as we expected but they basically are not far off from where they were last year.

We're pleased with the solid revenue and earnings per share results Cisco delivered during its second quarter, but also especially pleased with our strong order momentum. This proves our strategy is working in terms of the convergence of voice, video and data along with our balanced approach to our customer segments, core and advanced technologies, business and technology architecture and key geographic theaters.

It's important to me only as a surrogate to cash flow and earnings per share.

Such an increase would translate into almost one million additional sales, equivalent to a 22 per cent increase in Apple's 2005 Mac shipments.