Investors fled GPS-makers' shares today after Google announced it would offer free turn-by-turn GPS directions in its Android phones and as a service for other mobile phones, like Apple's iPhone. Garmin shares dropped 17% and TomTom shares dropped 21%. What about Google's shortcomings, like its inability to store maps locally on devices? Daring Fireball's John Gruber has a nice rebuttal . The biggest objection is that the dedicated devices store all the map data locally. That’s great, a

Google released a new mobile navigation app today and GPS navigation companies such as Garmin And TomTom saw their shares take a plunge . The announcement shaved $1.2 billion off of Garmin’s market cap alone. Its shares are down more than 16 percent so far today to $31.60. TomTom’s shares are down 21 percent to $8.11. And this is just for an Android app. But Google could very well make it available to other phones as well, and that is what has investors worried. GPS navigation apps are

Garmin nuvi 285WT 4.3" Bluetooth GPS Navigator for $198.99 shipped. Here is a screenshot for your reference. It features a 4.3" touchscreen LCD, Bluetooth, real-time traffic receiver, text-to-speech with spoken street names, and many other features. You may also want to check out this deal. Most places have this GPS unit for about $249. You may also be interested in these deals.Garmin nuvi 755T 4.3" GPS with 3-D Building View & Lifetime Traffic for $231.44 ShippedTomTom XL 340S 4.3" Widescre

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