The Garmin Nuvifone is coming!!

The Garmin Nuvifone is coming!

Garmin plans to leap into the mobile phone market during the third quarter of 2008with the expected release of the Nuvifone. This deivce is one of a kind because it offers a smartphone combined with turn by turn navigation. I strongly believe this phone will be a big holiday hit come Christmas time.
While Garmin has remained silent on the cost, they have offered some specifics regarding this product.

- Full GSM HSDPA Mobile Phone
- Turn by Turn Voice Prompted Navigation with Preloaded Maps
- Web Surfing
- Built in Video Camera
- 100% Touch Screen - 3.5 inch
- Google Local Search
- MP3 and MPEG4/AAC video player
- Garmin Online Services - Real Time Traffic, Weather, Fuel Prices
- Nuvi-like Navigation on the road or Pedestrian Mode
- “Where am I?” feature lets users touch the screen at any time to display the exact latitude and longitude coordinates, the nearest address and intersection, and the closest hospitals, police stations and gas stations. The nüvifone also helps drivers find their car in an unfamiliar spot or crowded parking lot by automatically marking the position in which it was last removed from the vehicle mount.

I think the coolest feature of the Nuvifone is the ablity to be talking to someone on the phonewhile driving and still get turn by turn directions all in one device. As soon as the useris finshied driving, he or she can then undock the phone from the vehicle mount and never misstalking moment!

Don't overlook the Google local Search feature either. This is a first of its kind! Nüvifone users can search for locations like “movie theaters” and Google will sort the results based on the user’s current location and relevance.Information provided by Google includes a web-based rating so that users can select the most appropriate destination and route directly to it.

While Garmin's stock price has taken a huge hit this year, trading just above $45 today, I think investors are actually pricing in a failure of the Nuvifone. If this product can just take a small piece of the smart phone market, I think it will be a huge benifit for shares of this company for years to come.

http://blackberrystocks.com/grmn.html

Garmin GRMN GPS Stock Ready to Rock NuviPhone

Garmin has seen many low blows lately in the stock market. First, the stock had gotten cut in half this year with no recovery. Second, they came out and warned on earnings, scaring wall street, and third, they were victim to a Tom Tom downgrade which sent their stock in a tailspin all the way down to $40.

Earlier this month Garmin released earnings and given the economic slowdown in the USA....there was no surprise that they would miss earnings. The key thing I was looking for was earnings guidance. Turns out they guided right in line. Since forming a double bottom after earnings, GRMN stock has finally recovered to close 5/16/08 over $50 for the first time since the Tom Tom warning.

Whats next you ask? Garmin will start a new uptrend and eventually hit a target of $75 recently given by Zacks.com. I will sell this stock around Thanksgiving when it is alot higher.

Don't forget.....the most exciting product is yet to come... The NuviPhone which is Garmins touch screen smart phone focused on GPS.

When this phone comes out in the 4th quarter.....It will have consumers and investors very excited!

For more info......check out my website