3 ms·
Looks like Garmin is tanking based on the android announcement
by apgwoz 17y ago
Looks like Garmin is tanking based on the android announcement
- raganwald 17y agoWhat announcement?, and why would that make Garmin's stock tank?
- NikkiA 17y agoThe announcement that Droid/Android 2.0 will use a mapping/directions system based on google maps/street view, with realtime data on traffic, and real-view street-view photos of intersections to reduce the chances of getting lost/making a wrong turn. Basically, traditional 'non-connected' GPS driving aids just became obsolete today. It'll be hard for Garmin/Tom-Tom to compete without the infrastructure google has built around maps/street-view, or licensing it.
- tlrobinson 17y agoThe announcement a few posts up on the main page of Hacker News... http://googleblog.blogspot.com/2009/10/announcing-google-maps-navigation-for.html http://googleblog.blogspot.com/2009/10/announcing-google-map...
- mbrubeck 17y agoAlso, TomTom disclosed their 3rd-quarter results today, with profits down 47% compared to last year. So the GPS industry seems to be hurting even before Android 2.0...