With the former Cisco CEO set to step down as chairman, the path is clear for his successor to make big acquisitions and other moves to overhaul Cisco's strategy and culture.
Supporting the cloud needs of millions of businesses and billions of consumers doesn't come cheap.
The networking giant's shift to recurring revenues may take longer than some expected, analysts say.
Cloud-related pressures and stiff competition are weighing on Cisco's hardware sales. But software trends remain healthy.