Garmin Reports Good Q4 Results, Pessimistic 2010 Outlook
Garmin today reported its financial results for the fourth quarter and the fiscal year 2009. The fourth quarter revenue was $1.059 billion, up 1% from $1.048 billion in fourth quarter 2008 and the total year revenue was $2.95 billion, down 16% from $3.49 billion in 2008.
For the fourth quarter 2009 the Automotive/Mobile segment revenu…
