Garmin

Garmin Delivers Strong Q4 Numbers
February 15, 2007

Garmin’s Super Bowl ad was a tough act to follow. But the GPS device manufacturer did just that by increasing Q4 revenue by more than 90 percent to $611 million, up from $319 million from Q4 in 2005, the company said. Earnings per share for the year grew 64 percent, said CFO Kevin Rauckman, helping to send share prices up 8.1 percent yesterday, or $4.29, to $57. Gross and operating margins were strong, Rauckman said, coming in at 50 percent and 31 percent respectively. Total revenue for the year hit $1.77 billion, up 73 percent from $1.03 billion in 2005, the company said.

DS1206 Timeline.August
December 1, 2006

RadioShack Suffers Gains and Losses In the end, the summer was no vacation for RadioShack, while the company appoints James Gooch as executive vice president and chief financial officer, an executive who’s experience includes management roles in such corporations as Kmart, Sears Holdings, Helene Curtis and The Quaker Oats Company, the company loses COO Claire Babrowski when she announces her departure. Babrowski stepped up to temporarily act as president and CEO, after Dave Edmondson resigned following a controversy over false credentials on his education background months earlier. And later in the month, RadioShack divulges plans to reduce its workforce by anywhere from 400 to

Garmin Turns Just About Anything into a GPS Navigator
September 18, 2006

Garmin has announced the launch of new products aimed at turning laptops, PDAs, BlackBerries and smartphones into mobile navigation systems. The Garmin Mobile 10 talks to Bluetooth enabled devices, such as laptops, smartphones, Pocket PCs and PDAs, sending them navigation information on the fly. It includes Garmin Mobile XT or nRoute software and a GPS 10x GPS sensor that can be clipped to your car. Miss a turn, and the software will automatically recalculate the route for you. The Garmin Mobile 20 also uses Bluetooth but comes with a few more perks and is especially designed for smartphones. Real-time

Garmin to Open Retail Outlet in Chicago
August 1, 2006

Garmin International Inc. announced plans Monday to open a retail store on Chicago’s “Magnificent Mile” on Michigan Avenue, home to 3.3 million square feet of retail space. The store, which should be open in time for the 2006 holiday season, will showcase Garmin GPS navigation tools and give customers access to product demonstrations, interactive kiosks, training, seminars and product support. The Garmin retail network will also use this space for meetings and training. Dr. Min Kao, Garmin’s chairman and CEO, explains, “We want to use this location as a destination to excite and energize our customers, generate buzz, and further propel

Will Mobile Phones Enter Mobile Navigation Fray?
June 6, 2006

With more than 18 percent of drivers requiring directions more than 20 percent of the time, the market is wide open for portable electronic navigation solutions. The question is, who will dominate the field? According to a new study from Strategy Analytics, cell phones are expected to offer capabilities similar to that of navigation products from TomTom, Garmin, Magellan and Lowrance in the near future. Prices for these items are expected to drop accordingly. The study points out that cell phone and automotive companies are in a position to provide solutions that go beyond navigation for the larger portion of

New Gear
April 15, 2004

Products in the Pipeline EPSON PowerLite S1+ projector. Available this month for $999 SRP. This three-panel LCD projector replaces the company's PowerLite S1. Rated at 1,400 ANSI lumens, the S1+ sports an SVGA native resolution and a 500:1 contrast ratio. The projector is quiet and light, running at 33 decibels and weighing a mere seven pounds. Its lamp is rated at 2,000 hours and comes with a two-year warranty. Call (800) 442-1977 or visit www.epson.com. TomTom GO. Available in June with pricing TBA. TomTom has created an all-in-one GPS navigation device that can be used in the car or in the hand.

Car Electronics at CES
February 1, 2004

Mobile entertainment comes into its own By Ivan Berger As many electronics devices as there are in modern cars, there's always room for more, and a few hundred exhibitors at CES showed their ideas of what they should be. Most of the new gear was still audio and video, of course, but there were some interesting new technologies. Digital radio was no surprise—not just from the XM and Sirius satellites, but now from terrestrial FM and AM stations carrying HD Radio at last. Fewer than 100 stations were on the air with it during CES, but HD signals should reach about 65 percent of

Meet February Advertisers
February 1, 2003

Audiobahn Inc. One of the country's leading 12-volt manufacturers, founded in 1997 by Nasser Abo Abdo. Over the past few years, Audiobahn has proven itself to be bigger and better than its competitors by showing an amazing growth rate and proving its dominance. Contact: (800) 488-8595 www.audiobahninc.com Audiovox Communications Corporation Audiovox is a market-share leader that holds the coveted spot of third-largest manufacturer of cellular handsets. The company markets analog, CDMA, CDMA/PCS, TDMA and GSM and 900 MHz digital cordless telephones. CONTACT: www.audiovox.com Beltronics Beltronics develops, manufactures and markets high-performance radar detectors for the domestic and international automotive

Portable Devices Continue to Diversify
February 1, 2001

By David Dritsas At CES in Las Vegas this year, some powerhouse consumer electronics companies introduced Internet appliances, a category that last year was the ballywick of small start-up companies that have since lost some steam. Intel, which has been aggressively expanding its consumer products division over the past few months, previewed two such appliances at the show. The Intel Web Pad drew much interest. It is a wireless tablet that connects wirelessly to a base station and uses whatever Internet connection is being used for the home PC, making the device ISP agnostic. The device features a color touch-screen display and several "hot key"

Hot Products - Mobile Audio & Video
August 1, 1998

Garmin's Portable GPS Ideal for the Car Garmin now offers its first portable mapping system that is designed specifically for the car. The StreetPilot GPS is a cartridge-based system that will allow the driver to locate and mark all points of interest and then organize them into a logical route of travel. The StreetPilot will estimate arrival time for each selected intersection, distance between waypoints and will display arrows to indicate which way to go at selected intersections. The StreetPilot retails for less than $600 ($549 minimum advertised price); city-specific cartridges are available for $99 to $199. Call (913) 397-8200. Magellan GPS Price Falls Below $1,500 Magellan