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

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

[newsimage]http://static.rankone.nl/images_posts/2011/04/HtxEdP.jpg[/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: [http://www.myce.com/news/research-ciscos-flip-camcorder-exit-both-boon-and-bungle-43758/](http://www.myce.com/news/research-ciscos-flip-camcorder-exit-both-boon-and-bungle-43758/)


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