TT financials to be disappointing

[F2]

http://news.yahoo.com/s/ap/20080408/ap_on_hi_te/netherlands_tomtom_outlook;_ylt=AnlQigbLLWkApNe6HUDyMcAjtBAF

And first two paragraphs:

"Personal navigation device maker TomTom NV shocked the market with a profit warning on Tuesday, blaming weak pricing power and European retailers for stocking fewer of its products.

Demand for such devices, which can give drivers turn-by-turn voice directions, has remained strong, but TomTom has faced stiff pricing competition from established players like Garmin Ltd. and non-brand-name Asian competitors such as Taiwan's MiTac International."

[andy-c1]

and it's probably down to shoddy customer service and untested units that have driven people away
_________________
TomTom 5001

[LesP2008]

And the fact that they paid a fortune for Teleatlas.
Or has that ended up in the repair shop as well.

I feel that all along Europe have been the guinea pigs for the market they really want, America.

[MaFt]

already covered by PGPSW: http://www.pocketgpsworld.com/modules.php?name=Forums&file=viewtopic&t=66030&highlight=

MaFt

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