Garmin sees drop in first-quarter earnings
May 6, 2009 · Posted in GPS Information, Gps
Slower consumer spending and lower demand from retailers led to Garmin’s “most challenging quarter” since going public in 2000, the GPS device maker’s CEO said Wednesday.
Total revenue for Garmin’s first quarter, which ended March 29, dropped to $437 million, down 34 percent from $664 million in …
Originally posted at News – Wireless
Comments
Leave a Reply
