Net profit was EUR3.1 million in the first three months of the year up from a loss of EUR37 million first quarter last year; analysts expected a net loss of EUR0.4 million.
Sales rose 26% to EUR268 million from EUR213 million a year ago but then last year’s first quarter was still pretty iffy due the economy.
Right now PNDs make up about 50% of TomTom revenue, while content and services comprise the remaining 50%. It’s the latter that seems to be the longer term focus.
- Wall Street Journal
by Adena Schutzberg on 04/26 at 08:19 AM |
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Adena Schutzberg, executive editor, interviewed Google developer advocate Mano Marks about the geoweb and the challenges of aligning it with the special properties, specifically page ranking, possible on the Web. This conversation is one in a continuing series of conversations with geospatial insiders and outsiders.
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by Adena Schutzberg on 01/21 at 09:55 AM |
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Today TomTom added another incentive to get folks buying PNDs: turn in an old one for a discount on a full price new on at TomTom.com. While the “trade in” prices are considered generous by Consumer Reports (some up to 50% of current sale prices for new versions of older units) it’s a bit tricky since the full price new products may be two or three times the current doorbuster holiday prices. So, do your homework! (Oh, and the TomTom iphone App is not eligiable for a rebate.)
- Consumer Reports
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by Adena Schutzberg on 11/24 at 05:06 PM |
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I dug this up in The Boston Globe writer Hiawatha Bray’s overview of the Droid (which he says is cool, but no iPhone killer) and its free navigation app:
During a visit to Cambridge yesterday, Google chief executive Eric Schmidt was unapologetic. “Google is a disruptor,’’ Schmidt said. “We would argue that this disruption has a very strong consumer benefit. . . . As long as we’re on the side of making consumers empowered, we’ll be fine.’’
TomTom spokeswoman Kaitlin Ambrogio told me her company will be fine as well. “We believe there are opportunities for all of us,’’ Ambrogio said. Indeed, TomTom might launch a hugely successful Web search company, make billions of dollars, and start giving away their maps. Pretty far-fetched, I admit. But it’s been done.
- Boston Globe
by Adena Schutzberg on 11/05 at 09:36 AM |
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If consumers think of geodata as a commodity, what does that say for its future? What are the key data relationships? And what, if anything, will differentiate one offering from another? Our editors ponder these questions in light of evidence that consumers know and care little about who makes, manages and updates basemaps.
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by Adena Schutzberg on 11/03 at 06:00 AM |
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