Garmin Ltd.

Name:	Garmin Ltd.
Industries:	Consumer Goods
Revenue:	$2.94B ¹
Profit:	$583.27M ¹
Employees:	8,919
Headquarters:	PO BOX 309 UGLAND HOUSE SOUTH CHURCH ST GEORGETOWN GRAND CAYMAN United States
Website:
www.garmin.com

Lists:

#86	Most Profitable
#49	Highest Earnings
#14	Worst Performers In Consumer Goods

¹ TTM figures for 26-Sep-2009

When you need some direction in your life, turn to this company. Founded in 1989 and headquartered in Grand Cayman, Cayman Islands, Garmin Ltd. (NASDAQ: GRMN), as the global leader in satellite navigation, designs, manufactures and markets navigation and communications equipment. Garmin's products serve automotive, mobile, wireless, outdoor recreation, marine, aviation, and OEM applications. Its products use global positioning system (GPS) technology to wirelessly deliver geographic location data through satellite communications. Its portable products incorporate electronic maps and navigational charts. The company also makes communications devices which combine cellular and GPS technology. Products are available through retailers such as Bass Pro Shops, Best Buy and Wal-Mart. Its principal subsidiaries are located in the US, Taiwan and the UK. The company had 2008 revenue of about $3.5 billion and had about 8,920 employees.

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16 hours:

Acer: Android sales exceeding expectations

Acer said its first Android phone, called Liquid, is exceeding sales expectations, and the smartphone greenhorn sounded a bullish note for its prospects in the coming year. "Liquid is doing much better than our expectation," Acer President Gianfranco Lanci told Bloomberg in an interview. "This is why ... - read more at FierceWireless

tags: Acer Dell Microsoft President Gianfranco Lanci

21 hours:

Deal of the Day: $249.99 Garmin nuvi 285WT 4.3" Bluetooth GPS ...

Amazon is selling the Garmin nuvi 285WT for just $99.99 shipped, originally priced at $249.99. The device "provides complete maps for North America and the handy Text-to-Speech feature, so you get turn-by-turn spoken directions with the real names of streets." Product page. Video after the break. The ... - read more at Techeblog

2/3/10:

Here's the latest Garmin-Asus mobile navigation phone - and ...

As GPS navigation is more and more threatened by mobile alternatives, Garmin has no intention of sitting still. Through it's joint-venture Garmin-Asus it has already launched two mobile devices geared towards navigation in the West. This month it has launched a third - and rumours indicate we can expect ... - read more at GoMo News

tags: Google

2/3/10:

Nokia Maps continues its demented rise - be afraid, GPS navigators

Nokia dropped a bombshell on the navigation world two weeks ago, when it announced a completely free mobile GPS navigation service. The application is almost as good as a free-standing GPS navigation device and it's a free download to anyone with a Nokia device that has GPS… of which there are ... - read more at GoMo News

tags: TomTom

2/3/10:

Sometimes when you see a well made product with high-value proposition, you know it is going to sell. Whether it was my the first Blackberry Pager or the Titanium Powerbook or infact the first time I bought a pair of Joe's Jeans, I knew they were going to sell quite well. I had that exact same good ... - read more at GigaOM

tags: Apple Google Joe's Jeans Nokia Blackberry Anssi Vanjoki

2/3/10:

Nokia's free Ovi Maps tops 1 million downloads in first week

Nokia announced its new Ovi Maps navigation application exceeded 1 million downloads within its first week of release, adding that the free app is now averaging one download per second, 24 hours a day. Released in late January, the revamped Ovi Maps includes both vehicular and pedestrian navigation ... - read more at FierceMobileContent

tags: Nokia Google Tero Ojanpera TomTom

2/3/10:

Garmin-Asus to show its first GPS smartphone of 2010

Garmin-Asus plans to display its first GPS smartphone of 2010 on Thursday, the M10, loaded with the latest version of Microsoft Windows Mobile 6.5.3 and a 3.5-inch touchscreen. The M10 has the same GPS (Global Positioning System) capability as the Garmin 1470T, a device for use in cars. Garmin tied ... - read more at The Industry Standard

tags: Google Microsoft Asustek Computer

2/1/10:

Twin Commander Gets Garmin G600

Naples Jet Center in Naples, Fla., last month performed a dual Garmin G600 panel refurbishment in a Twin Commander 1000 as part of a complete panel redesign and aircraft refurbishment. The panel replacement began by removing the old wiring and installing all new harnesses for the new custom panel. Using ... - read more at AIN Online

1/28/10:

Garmin Voice Studio Customizes Your Spoken GPS Directions [Downloads]

Windows: Ever wish you could customize your Garmin GPS unit's voice? With a new free download from Garmin, you can record your own directions, or plug in any audio file, to create an entirely new "language" for your device.Sure, you'll be tempted to get goofy, but dig around on the net and you'll likely ... - read more at LifeHacker

12/17/09:

Preparing To Exit?

One of the great things about those Garmin (GRMN) navigation systems that are everywhere these days (I especially like that fact that the system is now on my kids' phones) is it gives you plenty of warning before you need to make a turn. For example, if you are traveling on the highway, the calm voice ... - read more at None

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Nasdaq: GRMN - Monday, Feb 8, 4:00 PM ET

31.90 -0.49 (-1.51%)

Vol:	964.14K
High:	32.54
Low:	31.78

Mkt Cap:	6.40B
52Wk High:	39.65
52Wk Low:	15.02

P/E:	11.00
Div:	0.75
Yield:	2.35

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Financial Performance

Income (in thousands of USD)	3 months ending 2009-09-26	12 months ending 2008-12-27
Revenue	781,254	3,494,077
Net Income	215,133	732,848
Balance Sheet (in thousands of USD)
Current Assets	2,078,936	1,984,425
Total Assets	3,516,551	2,924,581
Current Liabilities	712,045	479,176
Total Liabilities	961,153	698,727
Total Shareholders Equity	2,555,398	2,225,854
Cash Flow (in thousands of USD)
Cash from Operating Activity	292,867	862,164
Cash from Investing Activity	-258,195	-56,349
Cash from Financing Activity	1,709	-808,051
Change in Cash	52,854	-11,354

Key Stats	3 months ending 2009-09-26	Trailing 12 Months
Gross Profit Margin	52.45%	47.29%
Net Profit Margin	27.54%	19.87%
Return on Assets	6.12%	16.59%
Return on Equity	8.42%	22.83%
Return on Invested Capital	10.90%	33.07%