Cisco stock has a flat to negative 10 year return (2004-2014).
Tells you everything you need to know.
Nothing has proven durable for them.
- Broadband explosion
- Two bull markets
- Social media revolution
- etc.
Tells you everything you need to know.
Nothing has proven durable for them.
- Broadband explosion
- Two bull markets
- Social media revolution
- etc.
The company has had the leading position in the widget business for a generation. But this raises questions about the future viability of the widget business if ROI is essentially zero (?).
Is the widget business inherently not-profitable? Or is the company mismanaged (outside of widget engineering?) I don't know the answers, but it seems people should be thinking about them.
The engineering teams are mostly like not the main issue. The lack of more lucrative product/market fit seems to be a perrenial issue for the higher level exevutives.