Garmin’s Earnings Up Despite Sales Slightly Down

Garmin has released today strong financial results for the Fourth quarter and full year 2013. For the fourth quarter revenue is down 1 percent to $760 million but net income has soared 27 percent.

Revenue for the full year 2013 is slipping down 3 percent to $2,632 million but net income is up 13 percent.

“With strong fourth quarter revenu…