Seeking Alpha
Seeking Alpha Portfolio App for iPad
Finance
(1)
Market Currents

More on Cisco's IP traffic forecast: While the 29% growth rate forecast by the company (revenue...

  • Wednesday, May 30, 2012, 10:21 AM ET
    More on Cisco's IP traffic forecast: While the 29% growth rate forecast by the company (revenue growth is lower due to price declines) represents a slowdown from prior years, Cisco expects mobile traffic to grow 18x from 2011 to 2016 - a positive for vendors with strong mobile networking exposure. Also: Cisco sees over half of all 2016 traffic coming from Wi-Fi networks, and expects the number of global Internet users, boosted by smartphone adoption, to reach 3.4B (up from 1.9B in 2010).
Other date
DJIA (DIA) S&P 500 (SPY)