TomTom profits turn a corner

[greal]

TomTom beats profit expectations in the third quarter, mostly due to the higher value of the dollar against the euro.

 

[canderson]

While there was a marginal improvement in gross margin, the revenue and profit figures don't seem to be heading the right direction as a whole. Tough business.

 

[dhn]

In oder to try to survive, TT is cutting back on its PND division. See here:
TomTom recalculates direction on navigation devices that made it a household name - The Globe and Mail