![]() ![]() That in turn suggests that the stand-alone movie camera business is effectively dead, killed off by smartphones capable of shooting high-definition video which have seen explosive sales in the past 18 months – precisely the period since Cisco bought Flip. ![]() ![]() Profits or losses for the division were not disclosed.Ī spokeswoman for Cisco would not say whether the company had tried to sell the Flip business, but the fact of the closure suggests it was impossible to find a trade buyer. Though Cisco never broke out revenues from the Flip division, they are believed to be small: its latest accounts show that "other products" – understood to include its Linksys routers and Flip cameras – generated revenues of just $211m in the most recent quarter, down from $229m the previous quarter. ![]()
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