On Friday, Shares of Cisco Systems, Inc (NASDAQ:CSCO), lost -1.47% to $25.52.
Apple® (AAPL) and Cisco® (CSCO) declared a partnership to create a fast lane for iOS business users by optimizing Cisco networks for iOS devices and apps, integrating iPhone® with Cisco enterprise environments and providing unique partnership on iPhone and iPad®.
“iOS is the world’s best mobile platform, and nearly every Fortune 500 and Global 500 company recently has put iOS at the center of their mobile strategy,” said Tim Cook, Apple’s CEO. “iPhone and iPad have become essential tools for the modern workforce and are changing the way work gets done. Together with Cisco, we believe we can give businesses the tools to maximize the potential of iOS and assist employees become even more productive using the devices they already love.”
“Ninety-five percent of companies in the Fortune 500 count on Cisco Partnership and Cisco networks to assist their teams be more productive,” said Cisco Executive Chairman John Chambers. “Through this engineering and go-to-market partnership, we’re offering our joint customers the ability to seamlessly extend that awesome Cisco environment to their favorite iOS devices. Together, we’re going to assist teams achieve higher levels of productivity and effectiveness.”
To address the ever-increasing demands on corporate infrastructure, Cisco networks and iOS devices will be optimized so that they work together more efficiently and reliably with the aim of providing users with even greater performance.
Apple Inc.(AAPL) and Cisco are also working together to make iPhone an even better business partnership tool in Cisco voice and video environments, with the aim of providing employees with a seamless experience between iPhone and their desk phone.
With Apple’s support, Cisco will deliver experiences specially optimized for iOS across mobile, cloud, and premises-based partnership tools such as Cisco Spark™, Cisco Telepresence® and Cisco WebEx® in order to deliver seamless team partnership and reinvent the meeting experience.
Apple revolutionized personal technology with the introduction of the Macintosh in 1984. Recently, Apple leads the world in innovation with iPhone, iPad, the Mac and Apple Watch. Apple’s three software platforms — iOS, OS X and watchOS — provide seamless experiences across all Apple devices and empower people with breakthrough services counting the App Store, Apple Music, Apple Pay and iCloud. Apple’s 100,000 employees are dedicated to making the best products on earth, and to leaving the world better than we found it.
Cisco Systems, Inc. designs, manufactures, and sells Internet Protocol (IP) based networking products and services related to the communications and information technology industry worldwide. It provides switching products, counting fixed-configuration and modular switches, and storage products that provide connectivity to end users, workstations, IP phones, wireless access points, and servers; and NGN routing products that interconnect public and private wireline and mobile networks for mobile, data, voice, and video applications.
Apple Inc. (Apple) designs, manufactures and markets mobile communication and media devices, personal computers, and portable digital music players, and a variety of related software, services, peripherals, networking solutions, and third-party digital content and applications. The Company’s products and services comprise iPhone, iPad, Mac, iPod, Apple TV, a portfolio of consumer and professional software applications, the iOS and OS X operating systems, iCloud, and a variety of accessory, service and support offerings.
Shares of Juniper Networks, Inc (NYSE:JNPR), declined -0.83% to $25.06, during its last trading session.
Juniper Networks (JNPR), the industry leader in network innovation, declared the Company will present at the Deutsche Bank Technology Conference in Las Vegas.
Robyn Denholm, chief financial and operations officer, Juniper Networks, will present on Wednesday, Sept. 16, 2015 at 8:50 a.m. PT. This event will be available live via webcast on the Juniper Networks website: http://investor.juniper.net.
Ankur Singla, corporate vice president and general manager, cloud software, Juniper Networks, will take part on the SDN and Cloud Services panel on Wednesday, Sept. 16, 2015 at 11:40 a.m. PT.
Juniper Networks, Inc. designs, develops, and sells high-performance network products and services worldwide. It provides various routing products, counting ACX series universal access routers to deploy new high-bandwidth services; MX series Ethernet routers that functions as a universal edge platform; M series edge routers; PTX series packet transport routers; and T series routers.
Finally, QUALCOMM, Inc (NASDAQ:QCOM), ended its last trade with -2.27% loss, and closed at $54.29.
Qualcomm Inc’s (QCOM.O) President Derek Aberle, under pressure from activist hedge fund Jana Partners to improve the licensing and chip design firm’s stock performance, on Thursday sounded a cautionary note about a potential breakup of the company. Reuters
Stressing that the board and administration do not expect to complete a review of a possible split until the end of the year, Aberle told Reuters that Qualcomm agrees with Jana that its stock is undervalued. Shares have fallen 25 percent over the past 12 months, whereas the S&P 500 is down 2.25 percent.
Aberle said that investors calling for a split are taking a “sum of the parts” analysis and believe that Qualcomm’s two divisions - its highly profitable licensing arm and its chips unit - would be valued more highly as independent companies. Reuters
The company’s current structure, Aberle said, also allows Qualcomm to leverage relationships with Chinese customers, since the chipmaker is well-positioned to assist them expand to other countries.
At the same time, Aberle acknowledged that having both a chips and licensing division has at times created conflicts with customers, “but we manage it pretty well.” Reuters
QUALCOMM Incorporated designs, develops, manufactures, and markets digital communications products and services in China, South Korea, Taiwan, and the United States. The company operates through three segments: Qualcomm CDMA Technologies (QCT), Qualcomm Technology Licensing (QTL), and Qualcomm Planned Initiatives (QSI).
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