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Analysts' average forecasts had been predicting revenues of $4.78bn for the quarter.
The City is predicting revenues of up to £755.5m and pre-tax profits of up to £64.6m.
Crucially, it also means the business is performing better from a financial point of view, and Saunders is confidently predicting revenues in excess of £1m.
In 2000, Cisco was even, briefly, the most valuable company in the world, and Mr Chambers was predicting revenues of $50 billion by 2004.
As a result, it's predicting revenues of over $10 million next year, with international sales accounting for more than half.
By contrast, when President Clinton agreed with congressional Republicans in 1997 to cut the capital gains tax rate from 28% to 20%, critics wrung their hands, predicting revenues would drop and deficits would increase.
Similar(53)
Apple said the decline would continue, predicting revenue between $41bn and $43bn for the June quarter.
CSFB is therefore predicting revenue growth of only 8% through 2006.
It's still predicting revenue somewhere between $50 billion and $53 billion, but last year recorded $58 billion in revenue.
Analysts had been predicting revenue of $1.83 billion and EPS of 2 cents.
Revenue growth continues to look grim through the end of 2006 analysts are predicting revenue of $490 million for the entire 2006 fiscal year, well behind 2005′s $532 million in revenue.
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