It’s about time. The Flip was an ideal video camera for both professional journalism and the average consumer, but then came the high-powered smartphone, complete with video shooting at 720p HD (and now some at 1080p HD). The leader of this march was the iPhone 4 and a handful of great Android phones, and guess what? Rather than Cisco killing the Flip, it’s the smartphones that killed the Flip: there was no reason to buy a separate gadget anymore. And because of this causality, 550 Cisco employees are out of their jobs (the sad part), but so it goes.
The press release explaining all is after the break.