TomTom Q2 2013 Financials -- Down Again

There's an interesting bit of news in that: "PND revenue was flat at €108 million"

Flat, yes. Down, no.
 
Yes, I saw that.........

I'm betting that the navkit 4 devices 'well received' is a euphamism for 'bombed' :(
 
? The fact that PND revenue held its own in this climate is actually a positive surprise.
 

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