Cisco's quarterly report to offer gauge of tech demand

San Francisco

INVESTORS spooked by a steep sell-off in enterprise tech stocks will get a fresh glimpse of the health of technology spending on Wednesday when bellwether Cisco Systems Inc posts its quarterly results.

The networking equipment maker is the largest of several companies reporting this week that have benefited from the trend towards information technology (IT) delivered over the Internet, widely known as cloud computing. But Cisco relies heavily on demand from China and other developing countries whose economies have been losing steam.