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Garmin reports drop in 1Q earnings, revenue as the use of smart phones with GPS spreads

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Angsuman Chakraborty

Posts: 19816
Nickname: angsuman
Registered: Dec, 2003

Angsuman Chakraborty is the CEO and Chief Architect at Taragana

Garmin reports drop in 1Q earnings, revenue as the use of smart phones with GPS spreads

Posted: May 5, 2010 1:40 PM

This post originated from an RSS feed registered with Java Buzz by Angsuman Chakraborty.
Original Post: Garmin reports drop in 1Q earnings, revenue as the use of smart phones with GPS spreads Feed Title: Simple Thoughts - Java and Web Technology Blog Feed URL: http://tech.gaeatimes.com/index.php/feed/ Feed Description: News and views as a Software Architect and Entrepreneur on Java and Web Software.	Latest Java Buzz Posts Latest Java Buzz Posts by Angsuman Chakraborty Latest Posts From Simple Thoughts - Java and Web Technology Blog

Garmin reports drop in 1Q earnings, revenue NEW YORK â Garmin Ltd. reported a drop in first-quarter net income and revenue Wednesday, with its navigation devices facing a competitive threat from smart phones. The only part of Garmin's business that didn't grow during the quarter was its automotive and mobile unit, which is struggling as more consumers .... Read the original article : Garmin reports drop in 1Q earnings, revenue as the use of smart phones with GPS spreads.

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