GPS market at turning point with sliding prices, demand off

User rating: 3.7 / 5 after 16 vote(s)

A woman using a cell phone walks past tourists looking at a city map in Amsterdam Netherlands Wednesday April 23 2008. Some analysts believe that as stand-alone GPS devices are overtaken by cell phones and other devices with navigation technology bui ...
A woman using a cell phone walks past tourists looking at a city map in Amsterdam, Netherlands, Wednesday, April 23, 2008. Some analysts believe that as stand-alone GPS devices are overtaken by cell phones and other devices with navigation technology built in, GPS devices will become low-margin commodity products, like pocket calculators. (AP Photo/Peter DeJong)

(AP) -- Consumer navigation devices have gone from expensive gadgets to mainstream gear in just three years, but Europe's largest maker is struggling. The experience of Netherlands-based TomTom NV - which saw earnings fall 83 percent in the first quarter - suggests the market for stand-alone global-positioning systems is at a turning point.


Full story »
All News summaries from Technology news
All News summaries for April 25, 2008
Goto Archive PhysOrg Forum Goto Archive Video Goto Archive Editorials Goto Archive Free Magazines Goto Archive Newsletter

News Archive