Tuesday, October 23, 2012

Juniper Sees Revenue Growth in Q3, PTX Customers

Juniper Networks reported net revenues for Q3 2012 increased 4% sequentially, and increased 1% on a year-over-year basis, to $1,118 million. GAAP net income was $17 million, or $0.03 per diluted share for the third quarter. The GAAP diluted income per share includes $0.16 impact from restructuring and other charges. Non-GAAP net income was $118 million, or $0.22 per diluted share, for the third quarter of 2012, up 16% sequentially but down 21% compared...

Cisco: Global Data Center Traffic Expected to Surge

Global data center traffic will grow fourfold and reach a total of 6.6 zettabytes annually by 2016, according to a newly published Cisco Global Cloud Index (2011-2016).    Global cloud traffic, the fastest-growing component of data center traffic, is forecast to grow sixfold – a 44 percent combined annual growth rate (CAGR) – from 683 exabytes of annual traffic in 2011 to 4.3 zettabytes by 2016.   The study predicts a massive migration...

Facebook's Key Usage Indicators Continue to Rise

Facebook's monthly active users (MAUs) were 1.01 billion as of September 30, 2012, an increase of 26% year-over-year.  Daily active users (DAUs) were 584 million on average for September 2012, an increase of 28% year-over-year.  Meanwhile, mobile MAUs were 604 million as of September 30, 2012, an increase of 61% year-over-year. "As proud as I am that a billion people use Facebook each month, I'm also really happy that over 600 million...

Broadcom Posts Revenue of $2.13 billion up 8.7% YoY

Broadcom reported record Q3 revenue of $2.13 billion, up 8.0% compared with the $1.97 billion reported in Q2 2012 and an increase of 8.7% compared with the same period last year.  GAAP net income was $220 million, or $.38 per share (diluted), compared with GAAP net income of $160 million, or $.28 per share (diluted), for Q2. "Broadcom delivered record quarterly revenue and operating cash flow in Q3 driven by strength across all of our business...

Rackspace Debuts Cloud Block Storage Powered by OpenStac

Rackspace Hosting introduced a new Cloud Block Storage service powered by OpenStack. Rackspace is offering a standard volume option for everyday storage.  The company said performance has been tested to be at least 30% less variable than that of alternatives.  The new product’s Solid State Drive (SSD) volume option has also been tested to deliver even higher performance, 5x to 6x faster than competing solutions. Both options feature...

Apple Expands LTE Choices for iPad

Apple announced expanded LTE coverage in its new iPad mini and fourth generation iPad with Retina display.  Several LTE radio options are supported. In the U.S. market, iPad LTE service will now be available from AT&T, Sprint and Verizon. International LTE Coverage Canada -- Bell, Rogers, Telus Germany -- Deutsche Telekom UK -- EE Australia -- Optus Japan -- KDDI, Softbank Korea -- SK Telecom, KT Hong Kong -- Hurchison, SmarTone Singapore...

EE's LTE Service in UK to Offer Film Service Too

EE (everything Everywhere), which is the company that runs the Orange and T-Mobile networks in the UK, confirmed plans to launch its 4G service, along with its new fixed-line fibre broadband service. The mobile service will be called 4GEE and will offer speeds five times faster than 3G, and speeds typically ten times faster than currently available in homes and offices.  The launch is going live on October 30, initially across ten cities...

Riverbed Builds Virtualization into Cascade and Offers Hosting Support

Riverbed is enhancing its Cascade application-aware network performance management (NPM) solution with new capabilities for virtualized desktop infrastructure (VDI), server virtualization, and fully virtualized data centers using VXLAN software-defined networks (SDNs). The upcoming Cascade 10.0, which will be released in Q4, is targeting these virtualization features for deployment by service providers as well as in public,...

Ericsson Opens Global Service Center in Xi'an, China

Ericsson inaugurated a Global Service Center in Xi'an, China.   The facility includes Ericsson's first Global Networks Operations Center (GNOC) in East Asia, as well as a new Standardized Service Delivery Center. Ericsson operates four Global Service Centers (GSC); one of which is located in China with sites in Beijing, Wuhan, Guangzhou and Dalian.  The other three GSCs are located in India, Mexico and Romania. http://www.ericsson....

Vitesse Unveils "Serval Lite" Ethernet Chip for LTE Small Cell Wireless Backhaul

Vitesse Semiconductor introduced a smaller, six-port version of its Serval Carrier Ethernet switch engine optimized for 4G/LTE small cells and indoor femtocells. Serval Lite integrates Vitesse’s IEEE1588v2 VeriTime technology, which the company says has already been adopted by customers comprising 60% market share in microwave backhaul and 75% market share in millimeter-wave backhaul. Serval Lite delivers Carrier Ethernet features needed to support...