Cisco CEO Robbins Sees Resilient Global Economy

The video discusses Cisco's repatriation of overseas profits and the impact of tax reforms on the US economy. CEO Chuck Robbins explains the company's capital allocation strategies, including buybacks and dividends, and their effects on the economy. The conversation also covers trade concerns, economic resilience, and the transition to digital and subscription-based business models. Finally, the challenges of adapting legacy businesses and the importance of innovation in maintaining competitiveness are highlighted.

What was one of the main reasons Cisco repatriated billions of dollars of overseas profit?

• To benefit from lower corporate tax rates

• To increase their capital expenditure

• To invest in new technologies

• To expand their business in China

How does Cisco's CEO view the impact of trade tensions on the company?

• He thinks trade tensions will have no impact on the global economy

• He believes trade tensions will lead to increased profits

• He is not concerned about trade tensions at all

• He is worried about the uncertainty affecting customer spending

What is one advantage of Cisco's transition to a subscription-based model?

• It allows for more flexible pricing

• It eliminates competition from upstarts

• It creates more consistency in customer spending

• It reduces the need for physical infrastructure

Why is it important for Cisco to innovate and transition its business model?

• To reduce operational costs

• To increase their stock price

• To expand into new markets

• To avoid being disrupted by competitors

What is a potential risk of not transitioning to a new business model according to Cisco's CEO?

• Increased operational costs

• Higher taxes on profits

• Decreased employee satisfaction

• Loss of market share to competitors