Tag Archive: PND

GPS Tracklog On Garmin’s Pricing Structure

Rich over at GPS Tracklog has suggested Garmin may have a new pricing structure for Personal Navigation Devices. Last month ABI Research issued a report saying that Personal Navigation Device (PND) manufacturers seem to be “moving away from mass market consumer goods to becoming low volume, high value.” While I take issue with their analysis showing that …

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Expect Garmin Handheld GPS units to get cheaper…maybe

Zacks Investment Research has announced they have downgraded Garmin Ltd to Underperform, citing continued deterioration of the PND (portable navigation device) market. Garmin generated around 64% of its third quarter revenue from the auto/mobile segment, the bulk of which comes from PNDs. Segment revenues dropped to around $442 million in the last quarter from around …

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