Garmin reports higher 2Q profits, delays Nuvifone

Garmin Reports Higher 2q Profits Delays Nuvifone - Culture, Family, Travel, Consumer Reviews - Posted: 30th Jul, 2008 - 11:10pm

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Wireless and Mobile Technology
Post Date: 30th Jul, 2008 - 11:10pm / Post ID: #

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Garmin reports higher 2Q profits, delays Nuvifone

Garmin reports higher 2Q profits, delays Nuvifone (AP)
Mobile / Iphone / Wireless News

AP - Garmin Ltd. shares dropped almost 15 percent Wednesday after the navigational device maker said its second-quarter earnings missed Wall Street expectations, it forecast limited growth for the rest of the year and said it was delaying its entrance into the cell phone market.
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