Polycom Delivers Fourth Quarter 2012 Results

Polycom reported its fourth quarter fiscal 2012 financial results on Wednesday. For the quarter, revenue was $353 million which is a 9 percent year-over-year decline. Moving forward, Polycom provided first-quarter fiscal 2013 guidance for revenue to be in the range of $330 million to $340 million.

For 2013, Polycom’s plans include the availability of new cloud and virtualized solutions as well as expanding partnerships. One of the competitive threats that faces Polycom’s growth are consumer technologies like Skype. During the company’s earnings call, Andy Miller, President and CEO of Polycom, was asked specifically asked about the impact of Skype.

Miller noted that in his view, peer-to-peer free software options are fine for ad hoc calls.

“From a true enterprise experience, I think customers are voting with their wallet on Polycom,” Miller said.

Miller noted that Polycom’s CloudAXIS technology that will be available at the end of the first quarter satisfies all the elements of either cloud, virtualized or the ability to bridge B2C and B2B.

Read the full story at EnterpriseNetworkingPlanet:
Polycom CEO Isn’t Worried About Skype

Sean Michael Kerner is a senior editor at InternetNews.com, the news service of the IT Business Edge Network, the network for technology professionals Follow him on Twitter @TechJournalist.