Cisco Systems (CSCO), as it nears the end of the John Chambers era, showed signs of continued growth. The No. 1 maker of computer networking gear late Wednesday posted fiscal Q3 earnings and revenue that rose 6% and 5%, respectively, edging Wall Street expectations. Cisco is a tech giant amid transition. It’s pushing to sell more products and services tied to data centers, wireless networks and security, in order to offset slowing growth for its
The beat goes on for Hulu and proud parents Walt Disney (DIS), 21st Century Fox (FOXA) and Comcast (CMCSA) — which opted not to sell the video streamer in 2013. Hulu added AT&T (T) on Wednesday to a spate of new agreements involving mobile apps, Web streaming deals with broadband companies, and content agreements. Hulu aims to be a more formidable rival to Netflix (NFLX) and Time Warner’s (TWX) HBO. Original programming and content generally
Selling Apple’s (AAPL) iPhone is helping T-Mobile US (TMUS) gain share in the market for postpaid subscribers — the highly valued customers that spend the most on wireless services. In Q1, T-Mobile added 991,000 postpaid mobile-phone customers, the only gainer among the big four national wireless carriers. AT&T (T) lost roughly 290,000, Sprint (S) 201,000 and Verizon Communications (VZ) 138,000. None of the four disclosed iPhone activations,