Long term is strong, says Juniper boss

The number of people using the Internet will continue to grow, and digitisation of content, including video content, is accelerating, sats Juniper Networks CEO Kevin Johnson. Consumption and protection of that digital content across a broad range of devices continues to expand. Businesses will continue to pursue productivity increases through communication and collaborative solutions, and client-based computing will evolve and play a larger and larger role in applications for both consumers and businesses. 

"From a high level, I think the long-term growth fundamentals of the high performance networking industry are good. All of these trends create long-term demand for high-performance networks, as the network is really the enabler in all of these scenarios. When I step back and look at the industry, the long-term growth fundamentals are good."

Near term, there's a lot of uncertainty in the economy, and many questions as to how the economic conditions will affect the short-term outlook for the industry. "Even with the recent economic uncertainty, we delivered a solid Q3 and we are optimistic, yet cautious, about our opportunity going forward."