Cisco (CSCO) to restructure its consumer businesses unit, exiting some of the businesses...


Cisco (CSCO) to restructure its consumer businesses unit, exiting some of the businesses (including its Flip business) and realigning the rest to support four of its five key company priorities: core routing, switching and services, collaboration, architectures, and video. (PR)

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  • MrAndMatt
    , contributor
    Comments (90) | Send Message
     
    Sell the Flip business, sell it, and take the loss vs. what it is on the books for; it will lower their net income, but will also lower their tax bill.

     

    This is great news, the ship is finally turning around.
    12 Apr 2011, 09:11 AM Reply Like
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