February 5, 2008

SiRF Earnings DOWN 89%

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It appears that SiRF has run into pricing pressure. With prices dropping like a stone on the GPS front, and some GPS makers electing to go with other "High Sensitivity Receivers", that are pretty good in my opinion (think TomTom and Garmin). Anyway, SiRF's profits dropped 89%, and today their stock dropped by over 50%. Not good news.

Read More in: Earnings Announcements | SiRF News

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Posted by Scott Martin at February 5, 2008 8:01 PM

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