Techno-News Blog

April 17, 2011

Cisco Move to Shutter Flip Good for Enterprise Business: Analysts

Filed under: Uncategorized — admin @ 12:25 am

By: Jeffrey Burt, eWeek

Cisco Systems is hoping the shuttering of its consumer business—including its popular Flip video camera—will help it refocus on its enterprise units and end a streak of disappointing quarterly financial results. Analysts are debating the wisdom of the move. Several noted that Cisco is not a consumer-device vendor, and that trying to be one was distracting it from its core networking businesses. However, one said that, given the relatively low impact the consumer business had on Cisco’s overall profit-and-revenue picture, and in light of the trend of the consumerization of IT, ditching the consumer business might be a mistake.

http://www.eweek.com/c/a/Enterprise-Networking/Cisco-Move-to-Shutter-Flip-Good-for-Enterprise-Business-Analysts-748064/?kc=rss

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