Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

I think you're right. Garmin has other big-ticket lines of business (Marine, Aviation) but "Fitness" is where they're making most of their money: https://www8.garmin.com/aboutGarmin/invRelations/reports/202...

"Auto" is notably sitting in last place.

I'm surprised that you can make more money from bike accessories than from aircraft avionics, but I guess everyone needs a bike accessory and nobody really NEEDS a G1000. Plus, no FAA to send paperwork to when you want to make a new bike pedal.



>I'm surprised that you can make more money from bike accessories than from aircraft avionics

Maybe if you're Garmin, and make very little aircraft avionics. They've never made much on it, since they only make a tiny piece of what aircraft use.

Boeing, Airbus, Lockheed Martin, GE (still in the game?) make enough on aircraft avionics to buy Garmin many times over. Garmin never made it into the space of high end aircraft positioning systems.


That might change. They’ve launched a new autonomous landing system and seems like more is coming

https://discover.garmin.com/en-US/autonomi/


Flew yesterday in a Cessna 172 with G1000 glass cockpit for the first time. It's a pretty sweet product so hopefully they find more success in avionics.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: