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Short Take: Gigabit-speed gear sales soar, study shows

Sales of gigabit Ethernet switches grew by nearly 27 percent during the first quarter as average prices fell, according to a new study from market research firm IDC. Gigabit and terabit router equipment sales also were up sharply, with quarterly worldwide router revenue up more than 5 percent to $2.53 billion, the study shows. Meanwhile, sales of 10 megabit-per-second (mbps) Ethernet equipment and some asynchronous transfer mode (ATM) gear slipped during the first quarter.

Sales of gigabit Ethernet switches grew by nearly 27 percent during the first quarter as average prices fell, according to a new study from market research firm IDC. Gigabit and terabit router equipment sales also were up sharply, with quarterly worldwide router revenue up more than 5 percent to $2.53 billion, the study shows. Meanwhile, sales of 10 megabit-per-second (mbps) Ethernet equipment and some asynchronous transfer mode (ATM) gear slipped during the first quarter.