Research: Cisco's Flip camcorder exit both boon and bungle

Research: Cisco’s Flip camcorder exit both boon and bungle.

[newsimage][/newsimage]Cisco Systems Inc., the company behind the Flip camcorder, stepped away from that once-profitable sector of consumer electronics this month resulting in over 500 axed jobs and a $300 million loss. Common sense points to a decline in necessity for generally singular recording devices; most smartphones now do the same and more. However, a new report believes Cisco's exit wasn't the best option despite the division's admittedly lackluster financial performance.

Read the full article here: [](

Please note that the reactions from the complete site will be synched below.