Apple Needs TomTom's TeleAtlas Maps to Compete with Google Maps
The iPhone and iPad manufacturer Apple might buy the GPS navigation firm TomTom / TeleAtlas as it needs its mapping assets to compete with Google Maps. Analyst Ben Wood is out with some interesting predictions for 2011, including one that cash-rich Apple (AAPL) will by GPS firm TomTom. Wood, formerly at Gartner, is a top wireless industry analyst, and I’m not just saying that so he returns my calls. Better yet, you could expect a wave of useful location-based features to reach MobileMe, third-party apps, and, of course, Apple's iAds system. And, of course, such a purchase could assist Apple should it decide to take a stab at the auto-electronics market.
