Cisco Acknowledges Missteps, But Turnarounds Take Time |
| May 26, 2011 | May 2011 Bond Updates |
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Cisco recently released its Q3 fiscal 2011 earnings and we have adjusted our estimates and price estimate for the company. Investors continue to penalize Cisco for its lost focus on the core businesses and weak outlook. While Cisco has been busy trying its hand at almost everything under the sun, its competitors like Juniper, HP and Alcatel-Lucent have been making inroads and nipping at market share in its core markets like switching and routers. |
| View more at: http://blogs.forbes.com/greatspeculations/2011/05/25/cisco-acknowledges-missteps-but-turnarounds-take-time/ |
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