Nov 4 (Reuters) - Garmin Ltd:
* Says doesn't believe navigation-enabled smart phones, free navigation apps
will impact pnd market any time soon
* Sees flat to possible growth in the auto/mobile segment along with nuvifone
in 2010
* Says does not see turn around in marine segment in 2010
* Says nuvifone no longer expected to contribute about $100 million to $200
million in revenue in 2009 due to slow roll out
* Sees Q4 margins in low to mid-40s
((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780))
(For more news, please click here) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
* Says doesn't believe navigation-enabled smart phones, free navigation apps
will impact pnd market any time soon
* Sees flat to possible growth in the auto/mobile segment along with nuvifone
in 2010
* Says does not see turn around in marine segment in 2010
* Says nuvifone no longer expected to contribute about $100 million to $200
million in revenue in 2009 due to slow roll out
* Sees Q4 margins in low to mid-40s
((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780))
(For more news, please click here) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
© 2009 AFX News
