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Cisco Quarterly Results Impress Wall St. but Not this Security Analyst

Cisco announced its financial results today, must to the delight of Wall Street. While Cisco security revenue flat-lined, other security vendors prospered. McAfee announced its biggest financial quarter ever with 8% revenue and 26% net income growth. Cisco seems to be willing to shed information security sales for greener pastures. Cisco’s firewall business is a shell of what it was a few years ago and it really doesn’t have a high-end UTM product to compete with the likes of the Juniper SRX or Crossbeam.”]

Source: https://www.csoonline.com/article/2229769/cisco-quarterly-results-impress-wall-st–but-not-this-security-analyst.html

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