Updated from 9:28 a.m. EDT
PortalPlayer (PLAY Quote) plunged 42% after the company said Apple (AAPL Quote) 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 Quote), a rival flash memory supplier to Apple's iPod line, was up 44 cents, or 5%, to $9.04.- Loading Comments...
- Loading Comments...
Recent Comments
Featured Photo Galleries
Connect with TheStreet
 |
 |
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,388.90 | 1,105.98 | 2,194.35 | 34.83 |
Oil *
77.74
|
|
UP
22.75
|
UP
6.06
|
UP
21.21
|
UP
1.03
|
10 Yr
3.48%
SPDR Gold
113.75
|
|
+0.22%
|
+0.55%
|
+0.98%
|
+3.05%
|
Data delayed 20 minutes |
