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herr_foofmeister
1 Comment
Garmin: Curse of the Nuvifone and GPS Competition [view article]
As a person who never quite got "that GPS thing", you certainly have quite a few opinions concerning the health of a very profitable company in the discretionary consumer electronics business.Garmin has consistently increased annual profits while pundits bemoan the business climate. It is normal for profit margins of electronic items to decrease as they become more popular with consumers, but Garmin hasn't hit that "wall" yet, in my opinion. We may well see an increase in sales that offsets the decrease in prices and a rebound in Garmin's share price when "people who don't get it" realize otherwise. Feb 29 03:00 PM