GPS Device Vendors Feeling the Pain

The last 48 hours have not been good for GPS device companies like Garmin (GRMN), VOXX International (VOXX) TomTom NV (AMS: TOM2), MiTAC International (TPE: 2315) and Nokia's (NOK) NAVTEQ business.

At the Worldwide Developers Conference on Monday, Apple (AAPL) not only unveiled an updated Maps offering -- including a new desktop version -- it said that the company  is working with automotive companies for Siri integration. That dashboard integration would enable several services, including the ability to bring a map up. Pretty slick....408 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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