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Cisco reports Q1 Remaining Performance Obligations $40B, up 15%

RPO $40B, up 15% in total, with 51% of this amount to be recognized as revenue over the next 12 months. Product RPO were up 24% and services RPO were up 7%. Deferred revenue was $27.5B, up 7% in total, with deferred product revenue up 11%. Deferred services revenue was up 4%.

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