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Backing up Cisco's (CSCO) FQ1 CC comments about rebounding market demand, IDC estimates the...

Backing up Cisco's (CSCO) FQ1 CC comments about rebounding market demand, IDC estimates the Ethernet switch market grew 10.9% Q/Q and 6.1% Y/Y in Q3, thanks to a 27.8% Y/Y increase in Asia-Pac sales. Cisco's share of the market is estimated to have risen 270 bps Q/Q, to 66.5%; the company was hit hard in the first half of the year by competition and price pressure.
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