Cisco's revenue falls for seventh quarter in a row

Cisco's revenue fell for the seventh straight quarter as declines in its switches and routers businesses outpaced gains at its newer software-focused divisions, such as security.

The world's largest networking gear maker said on Wednesday revenue fell nearly 4 percent to US$12.13 billion in the fourth quarter ended 29 July, compared with a year earlier.

Net income fell to US$2.42 billion, or 48 cents per share, from US$2.81 billion, or 56 cents per share.

(Reporting by Laharee Chatterjee in Bengaluru; Editing by Savio D'Souza)