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digits 12/5/2012 | 5:45:53 PM
re: Is There More to Juniper's Earnings Miss?

Isn't it a bit early to be attributing core router sales weakness to next gen packet-optical and CDN deployments? Maybe not but that feels like more of a 2013/4 trend than one that would impact late 2011... 

Pete Baldwin 12/5/2012 | 5:45:52 PM
re: Is There More to Juniper's Earnings Miss?

That's what I asked Zabitsky.


He's convinced the CDN effect has already started and is manifesting itself in carrier behavior.


For packet-optical... It may be early, but he was saying back in March (when the PTX was announced) that he expects some carriers to hold off on T4000s while they wait for the PTX. So, that effect is possible.


 

digits 12/5/2012 | 5:45:49 PM
re: Is There More to Juniper's Earnings Miss?

I guess it might be a few more quarters before we find out if he is on to something as it's possible a lot of AT&T suppliers might get a nice bump in Q1 that will skew any actual trends...

photon2 12/5/2012 | 5:45:48 PM
re: Is There More to Juniper's Earnings Miss?

This is merely a cycle that comes around eveytime bandwidth increases, and core routers need to handle more, the fact is technology around the core increases and gets deployed to keep core routers down.  This happened in the late 1990's, and CDN's are proving to do an even better job now.  Fact is, this will affect any core router vendor, not just Juniper.  I think it has little to do with the POTs segment.


P2

jggveth 12/5/2012 | 5:45:48 PM
re: Is There More to Juniper's Earnings Miss?

I think he's onto something here with his JNPR call but is there a single stock he doesn't have a Sell Short rating on? 

photon2 12/5/2012 | 5:45:47 PM
re: Is There More to Juniper's Earnings Miss?

Now THAT is insanely true!  LOL.


P2

jggveth 12/5/2012 | 5:45:47 PM
re: Is There More to Juniper's Earnings Miss?

Lets not forget the most important take away here. Vendors that want to sell to carriers should not hire MSFT execs. 

desiEngineer 12/5/2012 | 5:45:44 PM
re: Is There More to Juniper's Earnings Miss?

Shouldn't you wait for more router vendors to say the same before declaring this as a general problem, rather than a single vendor problem?


I believe all the router vendors are also investing in CDN infrastructure, so when does that pick up lagging core router sales?


-desi

alr 12/5/2012 | 5:45:43 PM
re: Is There More to Juniper's Earnings Miss?

According to one Cisco exec, they see no problems. We should know in a month when Cisco reports.


 


http://www.forbes.com/sites/er...

Pete Baldwin 12/5/2012 | 5:45:42 PM
re: Is There More to Juniper's Earnings Miss?

> Shouldn't you wait for more router vendors to say the same before declaring this as a general problem, rather than a single vendor problem?


Possibly. Depends on how gutsy a call you're trying to make.


Regarding Cisco not seeing effects -- Juniper does have the handicap of having the T4000 just now coming out. The transition might give customers an extra reason to hold off on buying.


It occurs to me, too ... on the packet-optical side, Juniper will see business move to the PTX. For Cisco, though, some of that business will stay in the "router" category, since they're offering the CRS-3 as their massive core MPLS switch.


Tying the two threads together: It will be interesting to watch both companies during the course of the year. Maybe it's an industrywide effect that Cisco is just a little later in encountering. Maybe it really is all Juniper-specific. I don't know.

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