TomTom shares rise as talk of Apple buy-in spreads

Darren

TomTom shares have risen nearly 10% as speculation that Apple are considering a stake continued.

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.

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.

TomToms decision to design a custom car cradle that has its own GPS receiver is interesting given the talk of Apple taking a stake. Admittance that the iPhone needs help with GPS reception would not normally be seen as a positive yet Apple still chose TomTom from a number of manufacturers to demo during the Keynote speech.
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Darren Griffin

W90BHP · Posted: Fri Jun 12, 2009 5:38 pm Post subject:

Would some level of shared ownership give a reasonable idea of continued support (updates etc) for the software?

Or could this be another Navigator v6...

Martin
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LG G4: Android 6 : Viewranger : CoPilot : Waze
TomTom Go 730T : Traffic subscription long expired
Nokia E61 : Nokia GPS : TomTom Navigator 6 : Retired from duty
iPAQ 3970 : Navman Sleeve : CoPilot 4 : Somewhere in the loft

rtj70 · Regular Visitor Joined: Jun 18, 2005 Posts: 144

Would the inclusion of a GPS receiver suggest this will work for the iPod Touch as well which does not have inbuilt GPS? Opens up a much bigger market at the same time.

Darren · Posted: Sun Jun 14, 2009 7:03 pm Post subject:

rtj70 · Regular Visitor Joined: Jun 18, 2005 Posts: 144

But the iPod Touch is thinner so would it fit? Seems odd to include another GPS receiver (if they really did) unless the iPhone one was poor. Not having an iPhone I cannot comment on that. I do have a iPod Touch. But with a TomTom 720 would I buy this anyway????

Darren · Posted: Sun Jun 14, 2009 7:21 pm Post subject:

gatorguy6996 · Posted: Sun Jun 14, 2009 7:45 pm Post subject:

FWIW, I had seen that the touch would indeed work with the TT active dock, tho I can't answer for the source. What would come as a surprise (to me) is Apple having any interest in Tomtom as a whole. IIRC, much of the TomTom team in the beginning had roots at Apple, so it would come as no shock to me that they might be able to get a bit of inside help on the initial dock design. IMO, the mobile development, specifically with regard to hardware/antenna design would be where Apple might have some interest if there is any. Can't see why they would want anything to do with the pnd side of things. Just my opinion, which of course isn't any more valid than anyone else's.
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Garmin 1695 / 255 / 760 w/MSN - Droid w/Google nav + Navigon - Navigon 8100T - Dakota10 - GPSMap76C - GeoMate Jr.

rtj70 · Regular Visitor Joined: Jun 18, 2005 Posts: 144

TomTom started out doing application for the Psion. I still have a Psion 5 in the cupboard (so running "symbian"). The did a sat nav application for the Psion over 10 years ago.... moved on a little since.

rtj70 · Regular Visitor Joined: Jun 18, 2005 Posts: 144

And the Psion 5 still works.... just powered it up! Touch screen, stylus and all.

gatorguy6996 · Posted: Mon Jun 15, 2009 1:37 pm Post subject:

The announcement today that the TomTom principals will be kicking in more money, and a substantial sum at that, would seem to indicate that no Apple investment might be expected. The only new investment is see in the announcement is from 2 holding companies, one an insurer and one from a founding investor of TeleAtlas. Good to see the owners are willing to put their own money into the company tho. It should be noted that their ownership is now reduced to about 48% from 51%, leaving open an unlikely scenario of an unfavorable takeover at some future point.
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Garmin 1695 / 255 / 760 w/MSN - Droid w/Google nav + Navigon - Navigon 8100T - Dakota10 - GPSMap76C - GeoMate Jr.

stuartm · Posted: Thu Jun 18, 2009 7:32 am Post subject:

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