You do realize Cisco makes over 50 billion dollars a year? More than the music and movie industries combined.
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Nope. Film industry alone did over $100 billion last year.
And... sadly Cisco hasn’t focused properly on the media and entertainment world, otherwise we’d share in this growth. Bad bad leadership.
So what? Is your assertion that because Cisco has that revenue that they are immune from failing altogether?
Nortel and Lucent both had 30B in annual revenue 20 years ago, pre- telecom bubble. They’ve been wiped off the face of the earth because of the same stupid decision making and poor leadership we see CR making today.
And don’t forget a lot of Cisco’s cash is outside the US
Uh, they have Revenue of $50B a year.. Profit is a LOT less than that.
Not saying they dont make a lot of profit, but they most certainly do NOT make $50B in Profit. Not even close.