This is correct. The compass needle is just a polarized magnet that is floating in solution. One side (usually the red side) points North, and the other side (u

This is correct. The compass needle is just a polarized magnet that is floating in solution. One side (usually the red side) points North, and the other side (usually white) points South. If a person was holding that icon they would be facing Northwest (assuming "front" is at the top of the icon).