2009: Dreary Year for PND Manufacturers

The market for portable navigation devices (PNDs) is so low that companies are re-thinking their entire business models. Companies such as TomTom, Garmin, Navigon, and others have seen sales drop to record lows.

With $30 PNDs soon to be a reality, companies are trying to see if it makes sense to continue to offer product lines. While companies struggle to find answers to counter a worldwide economic meltdown, strong competitors like Google are swooping in to offer similar services at no cost to battered consumers.

Read article here.

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