{"id":28033,"date":"2025-06-18T23:56:00","date_gmt":"2025-06-18T15:56:00","guid":{"rendered":"https:\/\/www.granitefirm.com\/blog\/us\/?p=28033"},"modified":"2025-06-19T10:25:48","modified_gmt":"2025-06-19T02:25:48","slug":"cisco-ex-largest-company","status":"publish","type":"post","link":"https:\/\/www.granitefirm.com\/blog\/us\/2025\/06\/18\/cisco-ex-largest-company\/","title":{"rendered":"Cisco, ex-biggest company, the representative of dot-com bubble"},"content":{"rendered":"\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #ffffff;color:#ffffff\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #ffffff;color:#ffffff\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/06\/18\/cisco-ex-largest-company\/#Company_Profile\" >Company Profile<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/06\/18\/cisco-ex-largest-company\/#Founding_of_the_company\" >Founding of the company<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/06\/18\/cisco-ex-largest-company\/#The_fisrt_product\" >The fisrt product<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/06\/18\/cisco-ex-largest-company\/#IPO\" >IPO<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/06\/18\/cisco-ex-largest-company\/#Switch_Industry_Overview\" >Switch Industry Overview<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/06\/18\/cisco-ex-largest-company\/#How_big_is_the_market\" >How big is the market?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/06\/18\/cisco-ex-largest-company\/#Leading_vendors\" >Leading vendors<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/06\/18\/cisco-ex-largest-company\/#Market_share\" >Market share<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/06\/18\/cisco-ex-largest-company\/#Companys_business_overview\" >Company&#8217;s business overview<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/06\/18\/cisco-ex-largest-company\/#Main_products\" >Main products<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/06\/18\/cisco-ex-largest-company\/#Business_Scope\" >Business Scope<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/06\/18\/cisco-ex-largest-company\/#Important_acquisitions\" >Important acquisitions<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/06\/18\/cisco-ex-largest-company\/#Competitors\" >Competitors<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/06\/18\/cisco-ex-largest-company\/#Top_rivals\" >Top rivals<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/06\/18\/cisco-ex-largest-company\/#Other_rivals\" >Other rivals<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/06\/18\/cisco-ex-largest-company\/#Potential_competitors\" >Potential competitors<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/06\/18\/cisco-ex-largest-company\/#Financial_performance\" >Financial performance<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/06\/18\/cisco-ex-largest-company\/#First_quarter_of_2024\" >First quarter of 2024<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/06\/18\/cisco-ex-largest-company\/#Outlook\" >Outlook<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/06\/18\/cisco-ex-largest-company\/#Main_risks\" >Main risks<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/06\/18\/cisco-ex-largest-company\/#Capital_market_performance\" >Capital market performance<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/06\/18\/cisco-ex-largest-company\/#Market_valuation\" >Market valuation<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/06\/18\/cisco-ex-largest-company\/#Dividend\" >Dividend<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-24\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/06\/18\/cisco-ex-largest-company\/#Related_articles\" >Related articles<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Company_Profile\"><\/span>Company Profile<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Founding_of_the_company\"><\/span>Founding of the company<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p><a href=\"https:\/\/en.wikipedia.org\/wiki\/Cisco\" target=\"_blank\" rel=\"noreferrer noopener\">Cisco <\/a>(ticker: CSCO) was founded in 1984 by a pair of computer scientists from Stanford University, Leonard Bosack and Sandy Lerner. The two helped connect computers on the Stanford campus and pioneered a routing system that supported multiple protocols to connect computers located in different geographical locations.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"The_fisrt_product\"><\/span>The fisrt product<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>In March 1986, Cisco provided the world&#8217;s first routing product &#8211; Advanced Gateway Server (AGS) to Utah State University.<\/p>\n\n\n\n<p>In 1994, Cisco launched the first intelligent Cisco Catalyst series of switches for client\/server workgroups. The first batch of new products came from the acquisition of Crescendo.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"IPO\"><\/span>IPO<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>When it went public in 1990, Cisco had a market value of US$224 million. By the end of the dot-com bubble in 2000, Cisco&#8217;s market value exceeded US$500 billion, making it the world&#8217;s largest listed company by market value at the time.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Switch_Industry_Overview\"><\/span>Switch Industry Overview<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_big_is_the_market\"><\/span>How big is the market?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>According to a <a href=\"https:\/\/www.researchnester.com\/reports\/data-center-switch-market\/4893\" target=\"_blank\" rel=\"noopener\">report by Research Nester, the data center switch market size will be US$6.6 billion in 2023 and is expected to exceed US$28.8 billion by the end of 2036, with a compound annual growth rate of more than 12.8% during the forecast period (i.e., 2024-2036). In 2024, the data center switch industry size is estimated to be US$8.38 billion<\/a>.<\/p>\n\n\n\n<p>It is estimated that there are approximately 7,999 data centers worldwide. About 30% of them are in the United States.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Leading_vendors\"><\/span>Leading vendors<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The companies that dominate the data center switch field are as follows: Cisco, Arista, NEC, Huawei, Juniper Networks, Hewlett Packard Enterprise, Dell, Extreme Networks, D-Link, ZTE, etc.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Market_share\"><\/span>Market share<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Arista&#8217;s market share in the data center switch market has increased rapidly, from 3.5% in 2012 to 18.8% in the second quarter of 2019, according to the Crehan Research Data Center Switch Market Share Report.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Companys_business_overview\"><\/span>Company&#8217;s business overview<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Main_products\"><\/span>Main products<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Cisco&#8217;s main products include switches, routers, firewalls, servers, software, etc.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Business_Scope\"><\/span>Business Scope<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Cisco&#8217;s products and services focus on three market segments\u2014enterprises, service providers, and small and medium-sized businesses.<\/p>\n\n\n\n<p>Cisco provides IT products and services across five major technology areas: networking (including Ethernet, fiber, wireless and mobile), security, collaboration (including voice, video and data), data center and IoT.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Important_acquisitions\"><\/span>Important acquisitions<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>In 2007, Cisco acquired WebEx, a major provider of global commercial network video conferencing systems, for US$3.2 billion in cash.<\/li>\n\n\n\n<li>On July 23, 2013, Cisco Systems acquired network information security provider Sourcefire for US$2.7 billion.<\/li>\n\n\n\n<li>On February 14, 2016, Cisco Systems acquired cloud IoT service platform Jasper for US$1.4 billion.<\/li>\n\n\n\n<li>On January 25, 2017, Cisco Systems acquired AppDynamics, an American business software company, for US$3.7 billion.<\/li>\n\n\n\n<li>On August 3, 2018, Cisco Systems acquired Duo Security, a venture capital-backed cybersecurity company, for $2.35 billion in cash.<\/li>\n\n\n\n<li>On July 9, 2019, Cisco Systems acquired optical chip manufacturer Acacia Communications for US$2.84 billion in cash.<\/li>\n\n\n\n<li>On September 21, 2023, Cisco announced its acquisition of cybersecurity company Splunk for $28 billion, its largest acquisition to date.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Competitors\"><\/span>Competitors<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Top_rivals\"><\/span>Top rivals<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Cisco&#8217;s main competitors include Arista (ticker: ANET), IBM (ticker: IBM), Hewlett Packard Enterprise (ticker: HPE), which acquired Juniper, Broadcom (ticker: AVGO), Huawei, etc. Among them, Arista is particularly important.<\/p>\n\n\n\n<p>Since the establishment of Arista, Cisco has continued to press hard on Arista step by step. It has launched a comprehensive attack on patents, laws, and marketing. The tactics are exactly the same as the intimidation tactics Cisco used against Huawei 20 or 30 years ago. But it turns out that after thirty years, Huawei and Cisco are no longer opponents of the same level. At present, it seems that Cisco\u2019s various methods of attacking Arista are of no use at all.<\/p>\n\n\n\n<p>For detail on Arista, please see my post of &#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/07\/28\/how-arista-makes-money\/\" target=\"_blank\" rel=\"noreferrer noopener\">How Arista, the nemesis of Cisco\u2019s monopoly, makes money?<\/a>&#8220;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Other_rivals\"><\/span>Other rivals<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>In the Ethernet and switch market, there are also Taiwan&#8217;s Accton and Broadcom, two white-label companies that have been working in this field for a long time. Among them, Broadcom is especially a heavyweight manufacturer. Please see my post of &#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/12\/02\/broadcom-share-price\/\">The reasons behind Broadcom share price consistantly outperformance<\/a>&#8220;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Potential_competitors\"><\/span>Potential competitors<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Not only are there concerns about competition between InfiniBand and more standard Ethernet technologies, but in April 2024, analysts downgraded Arista due to concerns that Nvidia would also start producing its own Ethernet switch.<\/p>\n\n\n\n<p>Nvidia not only makes data center GPUs for artificial intelligence (AI), but another key to its success is InfiniBand, which it acquired when it merged with Mellanox in early 2020. In addition to InfiniBand networking technology that helps simplify the adoption of the latest and greatest AI hardware, Nvidia also acquired some Ethernet technology from Mellanox.<\/p>\n\n\n\n<p>This is exactly why Nvidia\u2019s recent shift in focus towards Ethernet has made the market a little nervous. The company&#8217;s Spectrum-X Ethernet platform hopes to build on InfiniBand&#8217;s early success and become a more direct competitor to Arista for its data center customers. Arista&#8217;s top customers include Microsoft, Meta, major financial institutions and other large enterprises.<\/p>\n\n\n\n<p>However, Arista management pointed out in a conference call with analysts during the first quarter of 2024 financial report: We do not yet believe that Nvidia is a direct competitor in Ethernet. I think it&#8217;s 1% of their business. This is 100% our business. So we don&#8217;t have to worry about this overlap at all.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Financial_performance\"><\/span>Financial performance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"First_quarter_of_2024\"><\/span>First quarter of 2024<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Cisco&#8217;s first quarter 2024 report exceeded market expectations, but the stock price still fell sharply. Mainly because even with the help of the Splunk acquisition, revenue still fell 13% year over year, and profits fell by a similar amount.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Outlook\"><\/span>Outlook<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Cisco&#8217;s earnings can sometimes grow quickly, but on average, the company can grow slowly at best.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Main_risks\"><\/span>Main risks<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Cisco stock does look cheap, but the company does face some real challenges. Cisco remains the dominant player in the switching and routing market, but competitors are making headway in some areas. Arista Networks in particular has proven to be a thorn in Cisco&#8217;s side. In the 10GbE and above portion of the data center switching market, Arista&#8217;s market share in dollar terms has nearly caught up with Cisco&#8217;s.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Capital_market_performance\"><\/span>Capital market performance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Market_valuation\"><\/span>Market valuation<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Cisco expects adjusted earnings per share in the range of $3.69 to $3.71 for the fiscal year. That works out to a price-to-earnings ratio of about 13. Analyst consensus expects fiscal 2025 earnings to be slightly lower, so the stock is slightly more expensive on a forward P\/E basis.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Dividend\"><\/span>Dividend<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Cisco&#8217;s dividend yield has remained above 3% for a long time, making it a company worth considering for investors who focus on dividends.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"190\" height=\"100\" src=\"https:\/\/www.granitefirm.com\/blog\/us\/wp-content\/uploads\/sites\/2\/2024\/06\/Cisco-Custom.jpg\" alt=\"Cisco\" class=\"wp-image-28035\"\/><figcaption class=\"wp-element-caption\">credit: Wiki<\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"block-d8a344e9-4edc-4dc1-b981-40aa61d258b5\"><span class=\"ez-toc-section\" id=\"Related_articles\"><\/span>Related articles<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/06\/18\/cisco-ex-largest-company\/\">Cisco, ex-biggest company, the representative of dot-com bubble<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/04\/15\/dot-com-bubble\/\">How crazy was dot-com bubble? Companies have risen like a phoenix from the ashes<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/11\/20\/crisis-by-overinvestment\/\">Economic crisis caused by overinvestment<\/a><\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/05\/03\/supermicro-is-not-worth\/\" target=\"_blank\" rel=\"noreferrer noopener\">Supermicro, a repeat offender of scandals, valuation is not justified and unsustanable, no worth for long-term holding<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/09\/24\/hpe-on-enterprise\/\">HPE expertizes on enterprise technology services<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/07\/28\/how-arista-makes-money\/\" target=\"_blank\" rel=\"noreferrer noopener\">How Arista, the nemesis of Cisco\u2019s monopoly, makes money?<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/05\/31\/ai-benefits-industries\/\" target=\"_blank\" rel=\"noreferrer noopener\">Artificial intelligence benefits industries<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/03\/04\/hp-important-good-company\/\" target=\"_blank\" rel=\"noreferrer noopener\">How does HP make money? The pros and cons of investing in HP<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/07\/16\/ibm-cloud\/\" target=\"_blank\" rel=\"noreferrer noopener\">How does IBM make money? What&#8217;s next?<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/12\/14\/buffett-hold-for-long-haul\/\" target=\"_blank\" rel=\"noreferrer noopener\">Is Buffett no longer hold for long haul? TSMC, HP, and US Bancorp cases study<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/07\/23\/significant-changes-in-broadcoms-business-approach\/\" target=\"_blank\" rel=\"noreferrer noopener\">How does Broadcom make money? Significant changes in business approach<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/12\/02\/broadcom-share-price\/\">The reasons behind Broadcom share price consistantly outperformance<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/03\/04\/data-center-a-rapidly-growing-semiconductor-field\/\">Data center, a rapidly growing semiconductor field<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/06\/04\/how-dell-make-money\/\" target=\"_blank\" rel=\"noreferrer noopener\">How does the resurrected Dell make money?<\/a>&#8220;<\/li>\n<\/ul>\n\n\n\n<p><em><strong>Disclaimer<\/strong><\/em><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><em>The content of this site is the author\u2019s personal opinions and is for reference only. I am not responsible for the correctness, opinions, and immediacy of the content and information of the article. Readers must make their own judgments.<\/em><\/li>\n\n\n\n<li><em>I shall not be liable for any damages or other legal liabilities for the direct or indirect losses caused by the readers&#8217; direct or indirect reliance on and reference to the information on this site, or all the responsibilities arising therefrom, as a result of any investment behavior.<\/em><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Cisco (ticker: CSCO) was founded in 1984 by a pair of computer scientists from Stanford University, Leonard Bosack and Sandy Lerner. <\/p>\n","protected":false},"author":1,"featured_media":28035,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[454,127,1492,118,122],"tags":[1293,920,371,210,426,168],"class_list":["post-28033","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-communication","category-cloud-computing","category-datacenter","category-internet","category-software","tag-accton","tag-anet","tag-avgo","tag-csco","tag-hpe","tag-ibm"],"_links":{"self":[{"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/posts\/28033","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/comments?post=28033"}],"version-history":[{"count":24,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/posts\/28033\/revisions"}],"predecessor-version":[{"id":37067,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/posts\/28033\/revisions\/37067"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/media\/28035"}],"wp:attachment":[{"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/media?parent=28033"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/categories?post=28033"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/tags?post=28033"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}