will nuviphone help GRMN?
Garmin’s attempt to jump into the cell phone market is taking a little longer than expected. nuviphone, the revolutionary gps navigation system with 3G cell phone and its own OS is now expected to be available in first quarter of 2009 instead of being ready for the holiday season.
Features of nuviphone is pretty impressive. Take the 3.5″ screen for example, or the ability to connect to the Web with a full browser on 3G networks. Geotagging of photos is of course standard on such a device and
However the news today about the delay must’ve scared off some investors. The stock fell more than 20% just today to about $35, and down from 52wk high of by $123.
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We’re not stock analysts here at Navigadget so we would like to take in from our more informed readers about GRMN. Do you think now is a good date to buy? Will nuviphone be a success and help the stock recover?
Original post by Dave Rubert
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