I’m not surprised one iota. Remember their terms of agreement with Cingular? Yep. Jobs play hardball with everyone, knocking down every obstacle in his way.

Here are a few random thoughts on this matter. Cisco owns the trademark iPhone – hence has the upper hand. So why roll over to Apple? That’s the six million dollar question.

Tech analyst Roger Kay with Endpoint Technologies Associates seems to think the agreement was "face-saving" for the Cisco.

Then there’s independent tech analyst Rob Enderle who thinks Cisco caved to Apple. He also Apple intends to renege on the deal.

At the end of the day, the consensus is “it looks like Cisco got the shaft.”

Analysts say Apple appears to have topped Cisco in iPhone agreement [Yahoo News]