As someone that’s been back and forth with Flip over the years, this isn’t a surprising move to me, although I would have expected Cisco to try and sell the line before shedding it off into oblivion. Knowing my parents (and other people just like them), it just seems like there’s some life left there for people that aren’t ready to carry around a $500 phone. Apparently Cisco doesn’t see it that way, or the sale price wouldn’t be worth losing the long-term potential of reviving this brand.

Lot of other stuff going on at Cisco, most of it about saving money in hopes of reviving this former Wall Street darling, but I suspect that most of it will simply eliminate a free-fall and not change the direction of most high-tech companies. In my humble opinion, Cisco needs to beg, borrow, buy, or steal some revolutionary technology to enhance their bottom line and bring back the growth that made Cisco so popular.

More information at Cisco.com.

geek