The war for the low end of the GPS market promises to be a bloody one, and it looks like TomTom's suffered the first major injury: quarterly profits at the device maker dropped 83 percent from last year, and the company says it's due to competitive price cuts. TomTom made a net profit of just €7.3M ($11.4M) this quarter compared to €44M ($66.2M) in the year-ago quarter, results which led the company to lower its outlook for the entire year. The company actually sold 50 percent more devices than it did a year ago, but as PND prices steadily fall, it looks like TomTom will have to figure out a new way to pad those margins and refill its piggy bank if that $4.2B all-cash Tele Atlas deal goes through.

[Via TrustedReviews]

With prime motorcycling weather nearly here, TomTom has prepped an update to bring a handful of new features to its RIDER 2nd Edition. Aside from including Map Share technology and the "Help Me" menu, the enhanced 2nd Edition GPS will also provide a latest map guarantee, trip statistics and itinerary planning. Reportedly, the upgraded unit will go on sale early next month for £349.99 ($691) / £399.99 ($790) depending on whether you're picking up UK / Ireland maps or all of Europe, but existing 1st Edition / 2nd Edition owners can snag the update gratis via TomTom HOME. No word on a North American release just yet.

The fine folks at GPS review have gotten their hands on the new TomTom GO 930, a followup to the GO 720 -- TomTom's previous flagship device. As far as looks go, the 930 is pretty much a 720 in shiny black clothing, so the review concentrates on the new features included like Active Lane Guidance, static intersection images and IQ routes. Nothing's going to blow you away if you already have a 720, but the lane guidance should help with that all-important "which lane should I get in?" conundrum, while IQ routes has significantly improved route time estimations. Intersection images were too few and far between to be much help, but overall this is a decent improvement to an already impressively-reviewed device.

[Thanks, Tim]

Thought TomTom was done after introducing the GO 930 and 730 at CeBIT? Think again, as the company is also unveiling the GO 530, which is the reported successor the GO 520. For starters, this one is slated to arrive and stay in Europe, and its map content will depend largely on what region it is purchased in. As with its higher-numbered siblings, this bugger will also boast IQ Routes and the Advanced Lane Guidance, and it'll also feature a 4.3-inch 480 x 272 resolution display, a 400MHz CPU, 1GB of internal memory, an SD expansion slot, built-in Bluetooth and a Li-ion cell good for around 5 hours. If all that's good enough for you, it'll be ready to grab this April for around £235 ($466).

TomTom might be in a bit of a tussle with the EU lately, but that isn't stopping the company from announcing two new GO models at CeBIT this morning -- say hello to the GO 930 and 730. The updates to the popular 720 and 920 now feature TomTom's new IQ Routes features, which uses a database of historical vehicle speeds along different paths rather than speed limit information to generate route guidance, and Advanced Lane Guidance (shown above), which aims to make navigating complex interchanges a little simpler. Other than that, there's not much of a bump here: both models feature the same 4.3-inch, 480 x 272 touchscreen, 400MHz CPU, Map Share and traffic as their predecessors, and the main difference between the 930 and the 730 is the presence of a dead-reckoning accelerometer in the 930. Expect the $500 730 and $550 930 to hit in April.

Update: If you're in the Netherlands, UK, and Germany, you can also score HD Traffic versions of these bad boys as well, which come bundled with TomTom's new GPRS HD Traffic receiver. The tiny box plugs into a range of compatible TomTom models and provides high-quality traffic data. It's out in the Netherlands now and should be out in the UK and Germany later this year, with France to follow in 2009.

[Thanks, Tim]

Read - GO 930 and GO 730 press release
Read - HD Traffic receiver press release

Reuters is reporting that the European Commission, apparently having completed is inquiry into the $4.2b acquisition offer TomTom made Tele Atlas last year, is issuing a "statement of objections." It's not a flat-out rejection / do not pass go / do not collect $200, but now TomTom supposedly has until May 5th to work on resolving the issues the EU's presented before it can get the thumbs up to make its big buy.

We're currently smitten with that Diesel-powered Loremo, but if we had to pick our second favorite car for the day, it'd be this here Toyota Yaris SR. Not only is it cute and sporty, but the dash rocks a fully-integrated TomTom GPS unit. When docked it not only gives you directions but provides a touchscreen interface for your car stereo, plus Bluetooth integration for hands-free phone integration, and when you're ready to rough it on foot you can pull the TomTom out of the car and carry it with you as a regular portable GPS unit. Now for the sadderness: Toyota is only offering this car in Europe right now, so us hapless Americans are going to have to stick with by our sextants for the time being.

Sure, those Mr. T / Dennis Hopper navtones were pretty humorous for a trip around the block or two, but seriously, how many times can you stand to hear "fool!" on a trip from Tuscaloosa to Fargo? That being said, we're not confident we'd want to listen to ourselves for that long, but for the folks who feel otherwise, YourPND is out to make your dreams a reality. Though the website wasn't created in our native tongue, it appears that TomTom owners (Garmin, Mio, etc. coming soon) simply record a select number of phrases to the site, after which they can cough up €7 ($10) and download the results on to their navigator. Sounds like the perfect gift for someone who just loathes hearing you talk, don'tcha think?

[Via NaviGadget]

If you've been drooling over the little TomTom add-on for the iPhone we nabbed a "photo" of the other day, you can probably wipe the spittle off your chin. It looks like the image makes a fatal flaw in borrowing its barcode from a fairly well-known iPod fake (pictured above). Additionally, in researching our tipster, we've discovered he's a graphic designer with a penchant for Apple fakes -- not exactly a confidence builder. So it appears we've got more rumor shot down -- though we hope TomTom and Jobs are paying attention, because it's painfully obvious that the people want GPS on this thing, and they want it now.

[Thanks, thecreativ1]

Here's a fresh Apple rumor in the run-up to MacWorld: a TomTom GPS module for the iPhone. We just received this supposed photographic "evidence" of said device from a Dutch tipster. Our take? Might be, might not. TomTom is a Dutch company and a righteous, straight-talkin' Dutchman would never tell such a fib, would he? On the other hand, that device is clearly not in a car heading to Rotterdam. Still, it could be a route demo and that stretch of highway (A13/E19) is a favorite for internal TomTom validation studies. Surely a move towards GPS is a logical next step for Apple -- particularly after that little VW concept. And with Apple on the verge of opening the iPhone to third party developers, well, anything goes, eh?

It looks like TomTom users looking for a little additional help with directions could now have the fix they've been searching for, as TomTom announced today that it's teamed up with Google in an attempt to bridge the divide between Google Maps and its array of GPS devices. To that extent, you're now apparently able to search for businesses on Google Maps and send all the necessary information straight to your TomTom GPS, albeit with TomTom's Home software acting as a mediator. That's, of course, decidedly less exciting than some of the Google Maps-to-GPS interaction we've seen in other parts of the world, but a welcome addition nonetheless.

[Via CNNMoney]

The European Commission has just opened an investigation into TomTom's proposed purchase of Tele Atlas, claiming that consumers could be hurt by a GPS hardware maker owning one of the two major digital map providers. Specifically, the so-called "in-depth inquiry," which will be concluded no later than April 17th of next year, stems from "serious doubts that the acquisition by TomTom of Tele Atlas might...lead to a significant impediment of effective competition within the EEA." With Nokia going after NAVTEQ and Garmin having given up on Tele Atlas, this investigation clearly makes sense from the free market standpoint, as the Dutch firm is not likely to slip past without at least committing to fair map licensing terms for other PND manufacturers. In response to the Commission's announcement, TomTom decided to extend its offer for shares of Tele Atlas until March 31st, 2008, with the option to issue another extension if certain conditions are not met.

[Thanks, Daniel]

The predicted bidding war between Garmin and TomTom over a takeover of Tele Atlas has certainly come to fruition, with TomTom all set to go ahead with a $4.2 billion bid taking place on Monday. Garmin stepped back from the brink on Friday, after offering a measly $3.3 billion. Tele Atlas's management must certainly be happy that the company didn't jump earlier, because it was only a few months ago that TomTom's offer was $2.5 billion. Does anyone else get the feeling that these numbers are starting to lose their meaning?