“Over the longer term, as we mix more software in, that will be a tailwind at the gross margin line.”

In context

“ure of applications. So I think it's a combination of the realization of the pandemic brought on around technology debt and never letting them get to that point and then these mega trends that are going on. And Scott, do you want to take the gross margin question? Scott Herren: Yeah. I think, Paul, on the gross margin question, I think you nailed the trends. I don't expect input costs, particularly around semis to come down. I look forward to the day that I come to the office and there's a message from our semiconductor suppliers saying, hey, good news, your price is going down. I just don't see that happening. Price will offset part of it. I think you got that part right, too. I think the other – the only thing I would add that probably in your thinking, but you didn't say it, so I will. Over the longer term, as we mix more software in, that will be a tailwind at the gross margin line. So just add that to your thinking, and I think you've got it nailed. Paul Silverstein: Scott, can you go back to that record level? Scott Herren: I don't want to get into forecasting the longer term at that level of granularity right now, Paul. Paul Silverstein: I appreciate. Thanks, guys. Scott Herren: Okay. Marilyn Mora: Thanks, Paul. Next question. Operator: Ben Bollin with Cleveland Research. You may go ahead. Ben Bollin: Good afternoon, everyone. Thanks for taking the question. The first one, you talked about backlog expected to sustain at current levels exiting fiscal 2023. I think you said software backlog was north of $2 billion again in the quarter, but what was the product backlog? Where did that finish the quarter? Chuck Robbins: Yeah. We didn't give that stat and that's not on”