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Home>Google's Free GPS Service Crushes Garmin, TomTom Shares

Google's Free GPS Service Crushes Garmin, TomTom Shares

Morningstar Articles

Fri, 30 Oct 2009

Investors fled GPS - makers'shares [ Wednesday ] after Google announced it would offer free turn - by - turn GPS directions in its Android phones and as a service for other mobile phones , like Apple's iPhone . Garmin shares dropped 17 % and TomTom shares dropped 21 % . What about Google's shortco

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