“Shares reached an 8 month high this morning as a result of the gossip although some traders think it unlikely that Apple will seek to grab a stake,” PocketGPSWorld reports.
“Earlier this week TomTom took centre stage during the Keynote opening speech at Apple’s World Wide Developer Conference where they were chosen to take the lead announcement of the first iPhone Navigation application,” PocketGPSWorld reports.
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MacDailyNews Take: Cleanup in Garmin’s executive office suites!
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