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1. Historically, telecom equipment vendors have spent aggressively to develop a product and then over a number of years milked that product for revenue.The easiest cash is near the end of the product cycle, where the telecom carrier has already adopted the product but is still rolling it out.

milk : take advantage of

1. Intel takes axe to P4, Celeron prices

도끼로 뭔가를 자르듯이 가격을 자른다는 의미. 역시 우리랑 정서가 비슷하구만.

axe
1 axe axes
An axe is a tool used for cutting wood. It consists of a heavy metal blade which is sharp at one edge and attached by its other edge to the end of a long handle. N-COUNT (AM) ax

2   axe   axes   axing   axed  
If someone's job or something such as a public service or a television programme is axed, it is ended suddenly and without discussion.
    Community projects are being axed by hard-pressed social services departments.
VB: usu passive  (AM) ax  
= cut  
3   axe  
If a person or institution is facing the axe, that person is likely to lose their job or that institution is likely to be closed, usually in order to save money. (JOURNALISM)
    St Bartholomew's is one of four London hospitals facing the axe.
N-SING: the N  (AM) ax  

4   axe  
If someone has an axe to grind, they are doing something for selfish reasons. (INFORMAL)
    He seems like a decent bloke and I've got no axe to grind with him.
PHR  (AM) ax  disapproval  

(c) HarperCollins Publishers.

ex) My old company axed me after they found out I had been sleeping on the job.