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Thursday, August 27. 2009
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TomTom, Garmin See Glass Half Full with PNDs
"In the summer period, we’ve seen quite a good development in demand. We’re becoming more optimistic."
- TomTom Chief Executive Officer Harold Goddijn
"We don’t believe that PND is dead. We think it’s going to continue to grow a couple more years through 2011 and possibly flatten out at that point as the GPS-enabled smart-phone market increases."
- Kevin Rauckman, chief financial officer of Garmin
TomTom already has an iPhone app, Garmin will not pursue one, but is offering its own branded nav phones.
- Bloomberg
Posted by Adena Schutzberg
in Satellite Navigation, Geospatial Business
at
07:14
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