There are rumors going around that Apple might just take over TomTom, sending the latter's share price to rise – which is to be expected, as Apple is cash rich, and everyone knows that. Still, to be able to squeeze an extra dime out of Apple is not that easy, as many a company have found out. Well, according to an analyst at Rabobank who does Apple stories, there is a 30% possibility that Apple might just gobble up TomTom, and as part of this move, obtain the significant navigation expertise that the fruity company needs badly into their Maps app which has even been deemed as dangerous by the Australian police.
Ubergizmo , Apple To Purchase TomTom (Rumor), Apple To Purchase TomTom (Rumor)
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