Garmin to Exit Smartphone Market?

In an interview with Reuters, Garmin CFO Kevin Rauckman said sales of Garmin’s mobile phones have been below expectations and that if the situation does not improve within a couple of quarters, Garmin will “have to sit back and evaluate that and consider making the best decision for our business” — i.e., withdraw from that market. Via GPS Tracklog.

Previously: GPS Tracklog Reviews the Garminfone; Gadling Reviews the Garminfone.

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