IBM and Intel may be happy with Q1 but TomTom says it won't meet its 2008 target of 20% growth. The €2 billion TomTom thinks Q1 revenue will be in €260- €270 million range vs. €296 million last year. Operating margins will fall to "low single digits." The company says in Q1 "retailers reduced their inventory levels more strongly than expected, especially in Europe" where TomTom has 50% of the in-car market. TomTom competes against Garmin (larger Continue reading...Laptops, Tablets, eReaders
TomTom Won’t Meet 2008 Target
IBM and Intel may be happy with Q1 but TomTom says it won't meet its 2008 target of 20% growth. The €2 billion TomTom thinks Q1 revenue will be in €260- €270 million range vs. €296 million last year. Operating margins will fall to "low single digits." The company says in Q1 "retailers reduced their inventory levels more strongly than expected, especially in Europe" where TomTom has 50% of the in-car market. TomTom competes against Garmin (larger Continue reading...Dell to Join Under $500 Ultra-Portable Makers
Dell will join the growing crowd of makers selling ultra-portable notebooks for $399-$499. Coming in late June or early July, the new line of laptops will have flash memory-based storage of 8-12GB. Michael Dell recently highlighted that for more than one year Dell has invited its customers to share ideas about improving products on IdeaStorm.com. Their site has attracted more than 8900 ideas and features 45 Ideas in Action. Go Dell’s IdeaStorm
Intel: What’s in Your Pocket?
The PDA market is dead, the Ultra-Mobiles never caught on…is it time for a range of wireless internet devices aimed at an alleged gap between smartphones and laptops?
In Shanghai, Intel wants developer buy-in on its MID technology. Introducing products at the Intel event are Asus, BenQ, Clarion, Fujitsu, Gigabyte, Lenovo, LGE, NEC, Panasonic, Samsung, Sharp and Toshiba.
Based on their new Atom processors, Intel claims advantage over makers of chips for cellphones (i.e., Qualcomm) because of Continue reading...
Quo Vadis GPS?
SiRF Technology, GPS chip maker, says there’s weaker-than-expected demand for all products, especially personal navigation devices. They will reduce workforce by 7%, close South San Francisco and Stockholm offices, and pull the plug on plans to develop mobile TV products. GPS was the darling of retail in 2007, so this trend from the chip provider may foretell future retail inventories. Go SiRF
Mobile Broadband Up 157% in USA
Research says the devices accessing internet via U.S. cellular broadband networks more than doubled in 2007. The majority of those machines were corporate-issued machines. According comScore, 2,168,000 devices used broadband cellular connections to access the web in Q4 in USA. And 59% are corporate users. Another study by In-Stat Continue reading...
WiMax Auction in Italy Sets Record in Europe
Ciao, Wimax! The Italian government sells (in auction) 35 licenses for a record of €136.3 million.
Auctions for WiMax in France raised €125.8 million and in Germany €56.1 million. But the big surprise was who actually bought the licenses…
Little-known AriaDSL SpA secured licenses in all Italian regions for a total of €47.5 million. The company is reportedly controlled by Israeli billionaire David Gilo, founder of Vyyo, a company in Georgia (USA) selling wireless high-speed Continue reading...
No, TomTom Can’t BuyBuy, Says EC
The EC objects to TomTom’s €2.9 billion plans to purchase map supplier Tele Atlas. The statement gives TomTom a date (May 5th) by which it will have to come up with remedies to EC concerns.
Once a statement of objections is issued, this can slow the deal process as it creates a formal procedure that must be followed to resolve problems with the deal.
TomTom is anxious to go past hardware where double-digit profit margins could decline. TeleAtlas would also strength its arsenal against Continue reading...
iThings to Adopt GPS Features
Apple develops a solution to access complete directions and maps using a portable device. Their “podmaps” patent describes the "Creation, Management and Delivery of Map-based Media Items."
The patent seems to link audio, video, and images with map for a solution that would enable users to access complete directions and maps using a portable device. Another threat to TomTom, Garmin, and Mio…
Apple Finds New Directions (Literally)
Microsoft buys online map service
The software giant says it will acquire MultiMap, a London-based online map service, in a bid to expand its mapping and location-based advertising services worldwide. Go Multimap
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