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The router and Ethernet switch markets, a.k.a. Cisco's (CSCO) meal ticket, respectively declined...

The router and Ethernet switch markets, a.k.a. Cisco's (CSCO) meal ticket, respectively declined 0.2% and 4.4% in Q3, per IDC. Declining low-end switch sales more than offset a 10.7% Y/Y increase in 10-gig sales. Cisco's switch share fell 340 bps Y/Y to 62.2%, thanks to competition from H-P (9.3% share) and others.The lack of growth in the router and Ethernet switch markets, together with the leads held by F5, Riverbed, Fortinet, and others in faster-growing networking segments, is making it very tough for Cisco to return to double-digit growth. (Nomura)
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