I guess I always assumed Garmin made most of their money on their aviation products, since they are so dominant and so expensive. And those are designed to rarely if ever connect to the internet. But I guess I was pretty off on that, they’re only 20%.
On a side note the graphs of their revenues per year and by category show a company that successfully branched out when their former big category, automotive, which was 80% of their revenue, began to be eaten by in car GPS and then smart phones.
On a side note the graphs of their revenues per year and by category show a company that successfully branched out when their former big category, automotive, which was 80% of their revenue, began to be eaten by in car GPS and then smart phones.