This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Cisco Chasing After Couch Potatoes

A beefed-up Internet/cable TV box could also significantly strengthen Cisco's attempts to tap the home video market, potentially spelling good news for investors who were dismayed by Cisco's recent less-than-stellar first-quarter results.

With markets already saturated with networking gear, Cisco's video push shows that the company is looking for new and lucrative revenue streams. Last year, for example, Cisco unveiled its Umi home telepresence system, which aims to transform TVs into live-chat and video-making stations.

Cisco also spent $590 million to acquire Flip camera maker Pure Digital in 2009, and has subsequently sold more than 3 million of the devices. The company will join the tablet fray later this year with the launch of its Cius business tablet, which will combine high-definition voice and video with telepresence.

Cisco is also hoping that entering these new markets will boost demand for its switches and routers through video. The tech giant, for example, estimates that every dollar spent on its video technology drives $5 worth of networking sales.

--Written by James Rogers in New York.

>To follow the writer on Twitter, go to

>To submit a news tip, send an email to:

2 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
AAPL $130.28 0.00%
FB $81.53 0.00%
GOOG $565.06 0.00%
TSLA $218.42 0.00%
YHOO $44.52 0.00%


DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs