TomTom Posts Major Profit Loss: Is The End Near?
 

http://images.thecarconnection.com/t...00182863_t.gif Earlier today, TomTom posted a major drop in profit for the third quarter of 2010. How major? About 37%. That may not be the deathknell for the Dutch telematics company, but TomTom clearly needs to revamp its strategy if it wants to avoid the corporate coffin down the line. Part of TomTom's problem is beyond its control, stemming from the weakness...

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