GPS Lodge: Monthly Round Up for February 2006
February was a busy month for earnings announcements as we saw three blockbuster announcements come through. We saw Garmin announce that they had profits up 82% over year ago, TomTom announce that they had earnings up a whopping 411%, and are now #2 in the US market for mobile GPS devices. Also, we reported on chipset maker SiRF, whose SiRF star III chipset is responsible for powering a whole lot of GPS units these days - their earnings were up over 100% after you factor out a bunch of one time stuff. Things are booming in the world of GPS.
We also finished our review of the mid-tier Lowrance iWay 350C. We have had a lot of people dropping us emails thanking us for this one.
Handheld game maker Gizmondo who included a GPS feature went into liquidation.
Google and Volkswagon announced that they were working together on vehicle navigation systems.
And Finally, we also reported on the availability of Garmin's newly customized GPS for Buell motorcycles., while Waypoint came out with a handheld GPS model PDA that is customized for Real Estate Agents.
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Posted by Scott Martin at February 28, 2006 6:48 AM
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