Stocks took a tumble this week when blue-chip tech company Cisco Systems offered a dour forecast for its equipment sales, which it blamed on declines in government spending and slow demand from cable companies. Analysts have been debating what this means to other technology vendors, while others question if it is industry-specific or more company-specific.
What do you think is behind these numbers? Is it really the sign of an overall poor economy, or is there a shift in opinion about Cisco’s value? Take the poll and let us know if your organization is planning any Cisco purchases.
Are its products and services overpriced? Do you think there has been a change in quality? Or is there now more serious competition? Let us know in the comments section below.