"Cisco's revenue share was down 2 points from 1Q12 and over 1 point from 2Q11, though port share was up. HP's revenue share grew by 1 point from 1Q12 to 2Q12, but was down half a point YoY.
"All the negative economic news in the world didn't keep Ethernet switch buyers from propelling the market past $5 billion in sales this quarter. Sales in North America, the largest Ethernet switch market, did especially well, providing an important boost to the overall market. As usual, demand for 10G switches was strong, almost doubling from a year ago, and the 40G Ethernet market is taking off, as vendors round out their 40G solution portfolio."
For the 2nd straight quarter, 40G Ethernet sales grew 50%.
Global Ethernet switch revenue topped $5 billion in 2Q12, up 9% from the previous quarter, and up 13% year-over-year.
Revenue for 1G ports, the largest segment of the Ethernet switch market, was up year-over-year in 2Q12, a positive sign for the overall switching market.