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SAN FRANCISCO, Nov. 9 (Xinhua) -- Cisco Systems Inc., the world 's biggest networking equipment maker, on Wednesday reported that its profit fell about 7.9 percent in the most recent quarter.In the company's fiscal 2012 first quarter ending on Oct. 29, Cisco posted its net income of nearly 1.78 billion U.S. dollars, compared with 1.93 billion dollars in the same period a year earlier.Excluding some items, earnings per share in the quarter were 43 cents, better than the 39 cents estimated by analysts, according to Bloomberg.Cisco's sales in the quarter reached 11.26 billion dollars, an increase of 4.7 percent year-on-year and also topped analysts' projection of about 11 billion dollars."We delivered a solid quarter," John Chambers, Cisco's chief executive officer, said in a statement."We've completed the majority of our restructuring and have organized Cisco to successfully execute against our strategy of providing intelligent networks, architectures and integrated products that solve customers' business problems," he added.

BEIJING, Oct. 8 (Xinhua) -- Authorities hope to innovate social management by restructuring its governmental organ, an official said in an interview with Xinhua and the People's Daily on Saturday.The organ, the Central Committee for Comprehensive Social Management, was renamed and restructured in a meeting last month from the previous Central Committee for Comprehensive Management of Public Security.With 11 more departments than the previous one, the new committee, with 51 departments, is expected to strengthen and innovate social management so as to build a harmonious, stable society, an official from the general office of the committee said.The official said the renaming and restructuring of the committee came as the former's concepts, mechanisms and measures fell behind China's fast social and economic development after its 20 years of existence.The official said the new committee will primarily address some major issues that could threaten social harmony and stability, such as criminal gangs and juvenile delinquency, while enacting laws and regulations for social management.

SAN FRANCISCO, Jan. 26 (Xinhua) -- Global tablet shipments reached nearly 27 million units in the fourth quarter of 2011 with Android jumping to a record share of 39 percent, said a new research released on Thursday.According to the research by consulting firm Strategy Analytics, global tablet shipments reached a record high of 26.8 million units in the last quarter of 2011, surging 250 percent from 10.7 million units in the same period a year earlier.Android captured a record 39 percent share of global tablet shipments, rising from 29 percent in the year-ago quarter.Global Android tablet shipments tripled annually to 10.5 million units in the last three months of 2011 and the platform so far is relatively popular with tablet manufacturers, said the research.However, Apple shipped 15.4 million iPads worldwide and maintained its market leadership with 58 percent share during the fourth quarter last year."Apple shrugged off the much-hyped threat from entry-level Android models this quarter," Peter King, director at Strategy Analytics, said in a statement.The research found Microsoft captured a mere 1.5 percent global tablet share in the quarter, noting that "the upcoming release of Windows 8 this year cannot come quickly enough for Microsoft, so its hardware partners can start competing more effectively in the tablet space."In the full year of 2011, global tablet shipments hit 66.9 million units, increasing by 260 percent from 18.6 million units in 2010, according to the research.Consumers are increasingly buying tablets in preference to netbooks and even entry-level notebooks or desktops, said the research.

BEIJING, Jan. 8 (Xinhua) -- Only one in every three passengers secured train tickets on Saturday through a new online booking system or by phone, according to railway statistics released Sunday.A total of 2.112 million train tickets were sold online or by phone on Saturday, making up 36.3 percent of the total sales, the Ministry of Railways (MOR) said.Railway authorities have long been under pressure to increase capacity and improve ticketing services, as many find it extremely hard to secure a single ticket during major holidays such as the upcoming Spring Festival.The MOR set up an online ticketing system this year in a bid to ease passengers' frustrations in purchasing tickets.However, website glitches have added to the woes of travelers, especially migrant workers, who make up the biggest group in the Spring Festival travel rush.The rush, dubbed the world's largest seasonal migration, started Sunday and will continue for over 40 days.China's railways are expected to carry 235 million passengers over the next 40 days, up 6.1 percent year-on-year, the MOR said last week.The Spring Festival, or the Chinese Lunar New Year, falls on Jan. 23.