Taunto

Garmin: Market Erroneously Pricing In Nuvifone Failure

20% of Garmin's bus is glass panel nav systems for the world's most advanced, sophisticated planes, jet & prop, and it's reported to be boom time for new planes going forward. It's the state of the art leader in this field and it makes all its other products for cars, boats, motorcycles, dog collars, bikes, runners, outdoorsman, joggers and the like child's play by comparison. It's even got a new thing called Synthetic Vision Technology which displays a 3D terrain graphic for IFR flight---star war's stuff. The iPhone is great...but how much does the monthly svc plan cost? Similiarly, it's not the cost of the computer that gets you, it's the monthly high speed access charge! The nuvi phone can compete if its svc charge is a lot less than the iPhone. A lot of people don't need all that jazz that the iPhone provides and will find the delivery of GPS nav to everyday affairs a huge time saver and headache reducer. These stock analysts can follow the stock but not the story. They can't see the forest for the trees. All their questions are about exchange rates, inventory build up, etc. They need to get out of the office and onto the street and learn about how people live. As my grandma used to say, "A word to the wise is sufficient."