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Apple wants a slice of the SatNav pie

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Apple wants a slice of the SatNav pie
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Apple wants to upstage Google in navigation systems for mobile devices, and this benefits TomTom.
The European GPS leader was chosen by the American company as its official content provider of maps and trafic informations. As a result, the Dutch group’s share price was up 16.2 per cent on Tuesday in Amsterdam, the best performer on the AEX.