More on Juniper's Q4: The soft Q1 forecast, together with Ericsson's (ERIC) weak results,...

|By:, SA News Editor

More on Juniper's Q4: The soft Q1 forecast, together with Ericsson's (ERIC) weak results, indicate the 2012 telecom capex environment is looking bleak. Juniper's service provider sales fell 14% Y/Y in Q4, more than offsetting a 9% increase in enterprise sales. Asia-Pac was particularly weak, with overall sales falling 20%. One unanswered question is the extent to which competition from Cisco is taking a toll. JNPR -6.6% AH. (PR)