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04-20-2006, 08:39 AM
PortalPlayer, Inc. Announces Product Transition Setback
Wednesday, April 19, 2006 8:50 PM
- BusinessWire
SAN JOSE, Calif., Apr 19, 2006 (BUSINESS WIRE) -- PortalPlayer, Inc. (PLAY), a leading supplier of semiconductor, firmware and software solutions for personal media players and secondary display-enabled notebook computers, has recently been advised that the follow-on to its PP5021 System-on-Chip (SoC), which is expected to be available in the second half of 2006, has not been selected by Apple Computer, Inc. for use in their mid-range and high-end flash based iPods. PortalPlayer believes that the PP5021 will continue to be used in other members of the iPod family.
and the stock is down about 40%
Wednesday, April 19, 2006 8:50 PM
- BusinessWire
SAN JOSE, Calif., Apr 19, 2006 (BUSINESS WIRE) -- PortalPlayer, Inc. (PLAY), a leading supplier of semiconductor, firmware and software solutions for personal media players and secondary display-enabled notebook computers, has recently been advised that the follow-on to its PP5021 System-on-Chip (SoC), which is expected to be available in the second half of 2006, has not been selected by Apple Computer, Inc. for use in their mid-range and high-end flash based iPods. PortalPlayer believes that the PP5021 will continue to be used in other members of the iPod family.
and the stock is down about 40%