The WSJ (sub required, but there’s a recap at TechCrunch) is reporting that shares of GPS makers TomTom and Garmin are down 20% and 17%, respectively, on news that the Motorola Droid (and all other Android 2.0 devices) will feature Google Maps Navigation. Let me say that again, another way: Google announced a free Internet-based map product on a phone that hasn’t been released yet, and the stock price of the 2 biggest  manufacturers of GPS navigation devices dropped off a cliff. Wow!

Submitted by: Dan Giancaterino, Education Services Manager
on October 28, 2009 - 4:32 pm

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