Tuesday, April 12, 2011

FLIP Video is Out

Cisco doesn't even scrape the surface on addressing it deeper issues by dumping the FLIP. And I like my FLIP HD!

Amplify’d from www.bloomberg.com

Cisco Systems Inc. (CSCO), the world’s
biggest maker of networking equipment, will close its Flip
video-camera unit and cut about 550 jobs as it reorganizes its
consumer businesses.

The job cuts, which represent less than 1 percent of total
employees, will take place by the end of the fiscal year, the
company said. Cisco’s consumer division also includes Linksys
home networking and audio and media-storage products.

Read more at www.bloomberg.com
 

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