Cisco have broken silence on what most people were expecting during these testing times with regards to a 10% increase across their range of hardware products due January 30th, 2022

The official statement reads as follows:

We have been doing everything we can to shield our partners and customers from the price increases impacting our industry, keeping their best interests in mind while also taking our business impact into account. The market conditions continue to evolve – the costs of certain components, as well as related manufacturing and shipping costs, have increased. 

Cisco are raising our base pricing by approximately 10%, effective on the first day of Q3, January 30, 2022.

We do not make these decisions lightly and pride ourselves on being transparent, competitive, and partner centric – A few important notes on this decision:

We are raising our base pricing by approximately 10% effective January 30, 2022 – 10% is the average across the entire portfolio; some products will fall above or below this threshold, and others – such as all SaaS products – will be exempt entirely

These changes reflect market conditions, including rising manufacturing and component costs
Our standard 30-day price protection applies to all quotes approved prior to January 30, 2022
There is no change to our policy on price protection

Thank you for your continued partnership and trust.