SatNav Peaks?

2009-03-23

During a mild tidying effort this morning I came close to throwing out the Jan/Feb issue of Navigation News, but then spotted something that I had originally overlooked. A news item that hinted that the role of GPS in our lives may be waning:'Investment bank Goldman Sachs has voiced the concern that 2009 could usher in several years of decline in the portable navigation device market. It made the comment while moving stocks in Garmin, one of the leading satnav manufacturers, to its 'conviction sell' list.'I was mistaken. Unfortunately the reason it gave was…