Google set to map the world — and push out GPS makers as a result?
Posted by: admin in Stocks NewsFiled under: Rumors, Products and services, Google (GOOG)
Google (GOOG) changed the game of many global GPS appliance makers this month by announcing a totally free and quite capable GPS product as part of the Motorola Droid handset announced and now being sold by Verizon Wireless.
In what seems to be the norm for Google, it is once again disrupting an entire market by giving something away for free that’s both competitive and capable. TomTom and Garmin saw their share prices plummet upon Google’s announcement, and rightfully so.
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Google set to map the world — and push out GPS makers as a result? originally appeared on BloggingStocks on Wed, 25 Nov 2009 17:00:00 EST. Please see our terms for use of feeds.
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