Cisco Announcement: CRS-3 Platform – Many were disappointed about the recent release of a new gadget from Cisco Systems Inc, the CRS-3 platform. The big announcement from Cisco did not unveil a new smartphone or e-reader, though the hype says much of what many expected.
On Monday, investors sent Cisco a large amount of share after releasing a statement about their newest equipment, the CRS-3 platform.
According to Marketwatch, John Chambers, Chief Executive Officer of Cisco, revealed that they will unveil ”a significant announcement that will forever change the Internet.”
But what exactly did most people expect the company, whose core business is routers and switches, to announce? The new routers promise 12 times the traffic capacity of rival routing systems. Ultimately, as they are deployed by carriers such as AT&T Inc. and others, this much-needed capacity will help move the additional traffic burden from all the smartphones out there, plus fat video files.
Cisco’s announcement of their new high-capacity router wasn’t worth the hype, they overplayed instead. That’s according to various news websites and product reviews.
Clearly, investors don’t have the same tolerance for hyperbole from Cisco chief executive John Chambers as they do from Apple Inc.’s Steve Jobs.
Check out Cisco’s newest product here.
Photo credits: Google







































