Juniper wary of longer buying cycles

Network equipment vendor Juniper Networks, which serves both service provider and enterprise markets, said that while service provider orders remain strong, customers are delaying delivery on gear, thus slowing down the whole buy-supply cycle in a different way. The comments came in the vendor's fourth-quarter earnings report. Juniper reported revenue of $923.5 million, up from $809 million the year before, but slightly down from the third quarter of 2008. The company's net income for the quarter reached $132.5 million, up from $122.9 million a year ago. Other vendors have reported a slowing (or lengthening, if you are so inclined) of the service provider buying cycles. Service provider capital spending also is set to decline across the board this year, though it seems many vendors are not yet seeing evidence of that.

For more:
- Light Reading has this report

Related article
Juniper Networks named Kevin Johnson CEO last summer

Click here to get the FierceTelecom email newsletter for FREE!

Suggested Articles

Tech Mahindra announced on Tuesday the launch of a dedicated Google Cloud Center of Excellence to help drive enterprises' digital transformations.

Juniper's enterprise and cloud divisions carried the day during the company's Monday earnings, which offset weakness in the service provider sector.

Arista Networks beat out some big names in its deal to buy Big Switch Networks, which came to light last week.