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Will Google and Android Kill Standalone GPS?

Posted by kdawson on from the wall-street-is-not-main-street dept.

xchg passes along a WiseAndroid piece on the drop in value of Garmin and TomTom shares following Google's announcement yesterday of Google Maps Navigation. "Shares of GPS device makers Garmin and TomTom plummeted... through a combination of their quarterly results and the launch of Google Maps Navigation. Following both low guidance for Garmin's next quarter as well as poor results from TomTom, shares for the two fell 16.4 percent and 20.8 percent respectively and remained low through the entire trading day after news of Google's free, turn-by-turn mapping service became public." Today Lauren Weinstein posted a number of reasons why standalone GPS won't go away any time soon.

2 of 439 comments (clear)

  1. Guess TomTom and Garmin by Anonymous Coward · · Score: -1, Troll

    will actually have to put some effort in, to add value to their standalone service.

    My guess is they'll sue Google because their "free lunch" was taken away.

  2. He essentially makes no argument by Anonymous Coward · · Score: -1, Troll

    Just rambles that since Google maps doesn't work without having constant data uplink then it can not be used? Bollocks.

    If standalone units can store all their maps then so can smart phones and other generic devices.
    The end of standalone GPS devices is very near if that's the only argument that can be made for them.