Updated from 9:28 a.m. EDT
PortalPlayer (PLAY) plunged 42% after the company said Apple (AAPL) took a pass on one of its products. San Jose, Calif.-based PortalPlayer said Apple took a raincheck on the follow-on to its PP5021 System-on-Chip. PortalPlayer said the product is expected to be ready in the second half of 2006 but that Apple won't use it in midrange and high-end flash-based iPods. PortalPlayer said it believes that the PP5021 will continue to be used in other members of the iPod family. By Thursday afternoon, PortalPlayer dropped $9.42 to $13.17. Meanwhile, Sigmatel (SGTL), a rival flash memory supplier to Apple's iPod line, was up 44 cents, or 5%, to $9.04.>To order reprints of this article, click here: ReprintsTheStreet Premium Services For Personal Service: 877-471-2967
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
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| 12,855.15 | 1,350.10 | 2,927.17 | 19.76 |
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