Cisco Systems Inc and Deutsche Bank Conference Call on Application Centric Infrastructure Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Unidentified Participant - Deutsche Bank - Analyst : Quick question, in terms of 100-gig Ethernet switching, can you maybe give us a little color around what maybe [unit] you think we're in as it relates to traction and penetration and maybe how long you think it has to run. And then conversely, when you look at 40- and 100-gig, when do think that inflection point comes, maybe what's the catalyst, sort of maybe how that ramp sort of plays out across the industry?

Question: Peter Callahan - Deutsche Bank - Analyst : I guess I had kind of a two-part question here on competition, I know we touched on it briefly earlier. So just a follow-up. Can we talk about the landscape a little more generally? There's obviously the white box do-it-yourself approach and then there's other guys like Dell who are taking the branded white box approach as well, and so disaggregating the OS from the switch. How do you view these different strategies within the switching market? And then how does Cisco think about pricing versus the lower end pricing points that guys like Cumulus are offering these days?

Question: Peter Callahan - Deutsche Bank - Analyst : Okay. Thank you very much.