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Garmin Takes Huge Risk With Smartphone

Stock quotes in this article: GRMN , AAPL , RIMM , NOK , S  

SAN FRANCISCO -- Garmin(GRMN Quote) just can't seem to catch a break.

The maker of personal navigational devices is gearing up to launch the Nuvifone, a slim touch-screen GPS-enabled phone that it hopes will expand its reach into a newer market.

But the company is likely to face a margin squeeze right out of the gate as it tries to price the device to better compete with smartphone makers like Apple(AAPL Quote), Research In Motion(RIMM Quote) and Nokia(NOK Quote). ...

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