Jan
26
Posted in GPS SYSTEM on January 26, 2010
-->

Quick post – TomTom CEO was quoted recently indicating that margins are still reasonably strong and that the TeleAtlas investment is starting to payoff, as margins for standalone units are about 40% while the mapping licenses are at about 50%. You have to be relieved at this last part – it wasn’t long ago that a lot of people thought that TomTom was dead in the water and barely squeaking by under the burden of debt that the TeleAtlas deal brought.

ReadMore on TomTom


Source: GpsLodge
Read more here:TomTom Chief – Good Margins Ahead

Tags:



Similar news like this:
  • No related posts

Insert your comment
Name: 
Email: 
URL: 
Your Comment: