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Our Points
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Monday, July 7. 2008
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TomTom CEO: We'll sell 15 million devices in 2008
Reuters reports:
The chief executive of navigation device maker TomTom NV (TOM2.AS: Quote, Profile, Research) expects to sell 15 million navigation devices in 2008 despite difficult economic conditions, Dutch daily De Telegraaf reported on Saturday.
Harold Goddijn knows of the economic downturn and rising gas prices, but feels confident. I'm surprised the GPS vendors haven't already started marketing the devices as money-savers to consumers.
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