Product details

By continuing to use our site you consent to the use of cookies as described in our privacy policy unless you have disabled them.
You can change your cookie settings at any time but parts of our site will not function correctly without them.

Abstract

Cisco, the market leader in the switches and router market had lofty ambitions and wanted to become the first company to be worth a trillion dollars. Company sources had revealed unofficially that the internal growth target Cisco had set was an ambitious 20% a year. Analysts remained sceptical and believed that it was hard to grow that quickly for a company as big as Cisco. What was more, the industry experts felt that because of the growth target the firm would dominate the growth markets, and that its core business would continue to expand rapidly, neither of which could be taken for granted. Industry experts speculated that Cisco''s revenues in the long run were likely to be ''either flat or down''. Experts predicted that Cisco might lose its footing as it fought for the new middle ground of combined data, voice and video services. And there were dangers that the company might become a victim of its own success - as Microsoft and Intel had done - by attracting the unwelcome attention of America''s antitrust enforcers. As Cisco gradually moved away from its core internet routing business of selling switches and routers and steadily got to new areas. Investors viewed with scepticism, its ability to find new businesses that could sustain its cushy profits.
Location:
Size:
USD50 billion revenues
Other setting(s):
1984-2005

About

Abstract

Cisco, the market leader in the switches and router market had lofty ambitions and wanted to become the first company to be worth a trillion dollars. Company sources had revealed unofficially that the internal growth target Cisco had set was an ambitious 20% a year. Analysts remained sceptical and believed that it was hard to grow that quickly for a company as big as Cisco. What was more, the industry experts felt that because of the growth target the firm would dominate the growth markets, and that its core business would continue to expand rapidly, neither of which could be taken for granted. Industry experts speculated that Cisco''s revenues in the long run were likely to be ''either flat or down''. Experts predicted that Cisco might lose its footing as it fought for the new middle ground of combined data, voice and video services. And there were dangers that the company might become a victim of its own success - as Microsoft and Intel had done - by attracting the unwelcome attention of America''s antitrust enforcers. As Cisco gradually moved away from its core internet routing business of selling switches and routers and steadily got to new areas. Investors viewed with scepticism, its ability to find new businesses that could sustain its cushy profits.

Settings

Location:
Size:
USD50 billion revenues
Other setting(s):
1984-2005

Related