Posts Tagged ‘GPS’

Unexpected loss from TomTom as portable navigation devices lose popularity

Friday, July 22nd, 2011

Europe’s largest maker of portable navigation devices reported a surprise second-quarter loss after writing down the value of assets to reflect a declining market for those devices.

TomTom, Europe's largest maker of portable navigation devicesThe company reported a net loss of 489 million euros compared with a profit of 34 million euros a year earlier. The average forecast of nine analysts surveyed by Bloomberg was net income of 10.7 million euros.

Portable navigation devices from TomTomThe company took an impairment charge of 512 million euros in the quarter “reflecting the reduced outlook” for the personal navigation device market. Of the charge, 473 million euros related to goodwill. Sales decreased 13 percent to 314 million euros.

Earlier on June 27, TomTom had reduced its full-year profit and sales forecasts, saying U.S. demand for its devices had declined faster than anticipated and that consumers were opting for cheaper navigation systems.

Amsterdam-based TomTom was founded in 1991 and listed in 2005After the statement, TomTom’s stock plunged 27 percent the day after. Its shares have declined 54 percent this year, reducing the market value of the Amsterdam-based company value to 812 million euros. Its U.S. rival Garmin has gained 5.6 percent this year.

Built-in car navigation from TomTomMaaike Noordhuis of Bloomberg reports that TomTom, which competes with Garmin and Google, aims to get more revenue from maps, services and built-in systems in cars amid a slowdown in sales of portable navigation devices.

Getting to the first hotel in Weinheim

Friday, June 10th, 2011

Upon arrival at Frankfurt, we’d picked up the rental car and driven the 64km from the airport to Weinheim in slightly less than an hour. Thanks to the GPS, finding the hotel was a breeze.

This is the first time I’m using a TomTom GPS and so far so good. The GO 750 is easy to use and the turn by turn navigation for the dedicated GPS device is clear and timely.

NH Hotel Weinheim

NH Hotel Weinheim, a good base to explore Mannheim, Schwetzingen, Heidelberg and the surrounding region. Photo from www.nh-hotels.com

I remember the first time I’d used a GPS years ago, the voice instructions came so late I frequently missed turnings.

What does one look for in a navigational GPS device? Here are some things I look out for from my own experience.

  • Good database so that the hotel or sight you’re looking for is in the map data. Good road database also helps in planning a good route from start point to destination. I had this GPS in the past that repeatedly tried to direct me to enter an expressway by driving into a one-way EXIT from the expressway. I had to take things into my own hads and figure out how to get onto that expressway in France.
  • Good user interface so you can find that hotel or sight and select it for navigation. The “point of interest” (POI) is only useful only if you can dig it out from the map data. I’ve used devices in the past where I tore my hair out just to locate a specific hotel to get to but can’t find it – only to discover later that it was in the database after all. I couldn’t find it because I didn’t have the exact address down to the door number. Then again, in Japan you can just key in the phone number of that establishment, and the GPS gives you the location and route to that specific hotel or sight.
  • Intelligent route planning to give you the shortest or fastest or least congested (based on live traffic data) route, with quick adjustment of the route should you make a wrong turn. Again the GPS that came with the rental car in Japan was exemplary, it was dead accurate on estimating time of arrival – after taking into account the traffic congestions along the way.
Nice spacious rooms with plenty of power outlets.

Nice spacious rooms with plenty of power outlets. www.nh-hotels.com

Pre-planning

While still on the flight, I keyed in the six hotels that we are going to stay in for this vacation and saved them as my personal “Favourites”. It was a breeze on the GO 750. By simply keying in the postal code, the menu gave a list of streets to choose from. You can then type in the house number if you had it.

TomTom GO 750 dedicated turn-by-turn navigational GPS

TomTom GO 750 dedicated turn-by-turn navigational GPS

It helped that I had consolidated all the full addresses of the hotels in a summary sheet, so that I didn’t have to rifle through reams of booking vouchers to find the addresses of the hotels.

By the way, in that summary, I find it useful to include other pertinent information like prices, phone numbers, check-in dates and time.

Having stored the hotel as a POI, I could set it as the destination the moment I got into the car and drive off. Rather than start fiddling with the GPS in the confines of the car park.

New update to the TomTom App for iPhone

Friday, April 29th, 2011

The update to the TomTom App for iPhone offers TomTom’s latest release of the maps of Malaysia and Singapore. Current owners of the TomTom App can update to the new version for no additional charge.

TomTom App (Version 1.7) for iPhone and iOS devices available nowFor new users, the updated TomTom App (Version 1.7)  for iPhone is now available in the App Store for USD $59.99. The app is available on iPhone 4, iPhone 3GS & iPod touch 3rd Gen running iOS4.