Cisco CEO John Chambers wasn’t kidding when he said we’d see the company move into a number of new markets via acquisition over the next year. Earlier this year, Cisco acquired Pure Digital, developer of the Flip video camera, for $590 million. Two weeks ago it spent $3 billion on video-conferencing system maker Tandberg. And now it’s purchasing mobile infrastructure outfit Starent Networks for $2.9 billion, or $35 a share.
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Microsoft brought it’s not-so-anxiously-awaited Zune HD to market today. With its touchscreen, Wi-Fi capability and high-definition video output, the device is intended as an answer to the iPod touch, though it lacks the application marketplace that helped make Apple’s device so popular. And it’s not going to be getting one anytime soon, either.
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While the highlight
of the week was undoubtedly Apple’s Rock and Roll event on Wednesday featuring Steve Jobs 2.0, that was only the anodized aluminum, candy-colored, video-shooting cherry on top of another week of tech sector reporting from All Things Digital.
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After nearly a year out of the public eye, Apple CEO Steve Jobs returned to it yesterday at the company’s annual music event. It was his first public appearance at an Apple gathering since Oct. 14, 2008, when he uncrated the company’s new unibody MacBooks, and it far overshadowed the new products he was about to announce. In fact, it could be argued that public confirmation of Jobs’s health since his return to the company was truly the most significant announcement of the day.
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Apple has sold some 225 million iPods to date, making it one of the most popular electronic devices ever. And it’s sure to sell even more after the updates the company announced at this morning’s event in San Francisco. Among them: Larger, cheaper iPod touches and nanos with cameras and FM radios.
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Cisco’s acquisition of Pure Digital, developer of the Flip digital video camera, may prove an ill-timed one. For while the Flip currently dominates the market that it largely created, it’s about to be taken to the mat by a new and formidable rival: Apple.
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With smartphones as apt to be running personal productivity apps as business productivity ones, the divide between enterprise devices and their consumer counterparts appears to have finally been bridged. To wit, these comments from Cisco CEO John Chambers, who says the days of the so-called corporate device are ending.
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Nomura Research Institute once estimated that Apple could sell two to three million iPhones annually in Japan–about five percent of the market. But that was back in June when iPhone mania was at its peak and the device seemed destined to be a success wherever it was sold. But Japan is one of the world’s largest and most demanding mobile phone markets. Perhaps even a bit too demanding for the iPhone.
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