Hacker News Reader

Marine and Aviation equipment together account for about 15% of Garmin's revenue. The overwhelming majority of their business comes from exactly the segment Android is targeting.

You don't think the market had already priced in the idea that cellphones were inevitably going to displace handheld GPS?

Based on the 15% drop today, no.

Exactly. This isn't the first cell phone / GPS combo; this isn't even the first version of Google Maps on a cell phone to integrate with GPS functionality.

Come to think of it, this drop probably has a lot more to do with TomTom's earnings than it does Google.

Tho' I can remember when Magellan dominated this industry, so much so that we all said Magellan when we meant GPS, like Xerox, Sellotape, Hoover and so on. Now no-one I know has a Magellan (tho' they do still seem to be in business).

I don't see any IPX7 rated Android devices, tho', that's the bare minimum for a GPS for real outdoor use.