That's Just Dumb, Ciscohttp://www.fool.com/investing/general/2010/10/07/thats-just-dumb-cisco.aspx Rick Aristotle Munarriz
October 7, 2010
If you've ever dreamed of The Jetsons' video teleconferencing vision of the future, have deep pockets, and have somehow slept through the past several years, has Cisco (Nasdaq: CSCO ) got a gadget for you!
Cisco unveiled the Umi Telepresence yesterday, the enterprise networking giant's first push into consumer videoconferencing.
It's a neat product, but the Umi will gain zero traction because of a stiff price tag that would even make Rosie the robotic maid blush.
Yes, HD video calling on existing high-def televisions is cool. The Umi's spec sheet is impressive. However, there aren't too many people who will line up to pay $600 for the device -- much less the $25 a month subscription required to actually use the thing.
Rip van Winkle may be jumping for joy, but those of us who haven't dozed off over the past few years are right to be skeptical. $25 a month for unlimited Umi calls, v