Things aren't all doom and gloom, though. Garmin has a pair of Nuvifones in the chute including the Android-powered A50. And its Q4 results of $1.43 per share easily beat analyst expectations of 95 cents a share. Even TomTom surprised many last week with a 1% increase in Q4 revenue and net profit of €75 million compared to a €989 million loss a year ago. So there's some hope left for the dedicated PND market... but not much.
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In this article: financials, garmin, google, google navigation, GoogleNavigation, gps, maps, navigation, nokia, nuvifone, ovi, pnd, tomtom
Things aren't all doom and gloom, though. Garmin has a pair of Nuvifones in the chute including the Android-powered A50. And its Q4 results of $1.43 per share easily beat analyst expectations of 95 cents a share. Even TomTom surprised many last week with a 1% increase in Q4 revenue and net profit of €75 million compared to a €989 million loss a year ago. So there's some hope left for the dedicated PND market... but not much.
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