This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Apple Rotten to PortalPlayer

Updated from 9:28 a.m. EDT

PortalPlayer (PLAY) plunged 42% after the company said Apple (AAPL - Get Report) 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.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
PLAY $38.01 -0.86%
AAPL $117.29 -0.85%
FB $107.04 2.70%
GOOG $766.64 3.20%
TSLA $237.30 3.10%


Chart of I:DJI
DOW 17,888.35 +168.43 0.95%
S&P 500 2,102.63 +22.22 1.07%
NASDAQ 5,156.3060 +47.64 0.93%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs