Cisco’s fourth quarter won’t sparkle, but will deliver | Reuters

(Reuters) – Cisco Systems fourth quarter results may not renew the spark in Wall Street’s fading love affair with the network equipment maker, but for those investors looking for a steady and predictable relationship the company is unlikely to disappoint.

Cisco's fourth quarter won't sparkle, but will deliver | Reuters

Most analysts shrugged off Cisco’s competitive threats from technological developments such as software defined networking (SDN), an area where VMware recently made a major acquisition, in the near-term.

“Longer term, while the competitive threat from SDN seems real and could potentially undermine some of Cisco’s core businesses, it is still a long way from being broadly deployed across networks,” BMO’s Long said.

VMware said last month it would acquire privately held Nicira Inc for $1.05 billion. Nicira sells software that lets customers create virtual networks that can operate independently of underlying physical networks in what is called software-defined networking.

via Cisco’s fourth quarter won’t sparkle, but will deliver | Reuters.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s