PortalPlayer announces product not selected by Apple for iPod use

PortalPlayer, Inc., 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.

The company will hold a conference call at 5:00 am Pacific Time tomorrow, April 20, 2006, to discuss the matters contained in this release. To participate, please dial (719) 457-2622 at approximately 4:50 am PT. A live webcast of the conference call will be available via the investor relations page of the company’s web site . Access the web site 15 minutes prior to the start of the call to download and install any necessary audio software. A recording of the conference call will be available for one week, starting at 8:00 am PT after the completion of the call, until midnight April 26, 2006. The phone number to access the recording is (719) 457-0820, and the passcode is 4007628. An archived webcast replay will be available on the web site for 12 months.

The Company is scheduled to provide its first quarter financial results and second quarter guidance on its regularly scheduled earnings conference call on May 1, 2006.

PortalPlayer develops semiconductor, firmware and software platforms for portable multimedia products such as personal media players and secondary display enabled notebook computers. PortalPlayer products empower consumers to quickly and easily manage, enjoy and have access to multimedia content and other forms of information. PortalPlayer is headquartered in San Jose, Calif., with offices in Kirkland, Wash., Taipei, Taiwan and Hyderabad, India. For more information, visit http://www.portalplayer.com

MacDailyNews Take: PortalPlayer issues a press release to inform the world and schedules a conference call to discuss the implications of their product not being picked by Apple Computer. That, folks, is power on display.

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16 Comments

  1. The rapid innovation advances at Apple comes at a price. What I hope the next “ipod” will be is a PDA type device with iTMS integrated.

    So many people want a iPod, but are total non-techies with computers. Seems to be such a shame to exclude them.

  2. “An internet-connected iPod with integrated iTMS would be amazing.”

    How about an internet- connected iPod with intergrated iTMS, a SuperDrive and a 12″ LCD screen with touch-pad? Errr – wait. That’s an iBook G4.

    Apple should stick to the principle of “Keep it Simple – Stupid”. Pack too much into the elegant and easy to use iPod and you end up with a Samsung-Creative Labs piece of crap.

  3. Yeh-heh-hehesssss . . . reminds me of that press release by Matt LeBlanc de other day. I think it went something like this:

    “I am announcing today that my lame and fetid show “Joey” has not been renewed by NBC for next season. I do, however, believe that my limited talents will continue to be used by other members of the broadcasting community at some point in the near future.

    I really, motherf*cking hope.

    Oh, dear God, please let it happen.”

    Yeh-heh-hehessssss, announcing that you have NOT been selected for something! How lame is this trend? Next we’ll be seeing big stars joining phony religions and having babies with young girls in an effort to hide their gayness. Ohh . . .

    . . . nevermind.

  4. It means that you have balls and Cruise doesn’t . . . well, I mean, he has de balls but he pretends to use them for straight activities when they’re really being slammed into de backsides of young Hollywood muscle twinks. Yeh-heh-hehessss . . . hey, listen — I LOVE de gays! Some of my best dog friends are gay. I don’t let them anywhere near my backside, but I love having them over right after I’ve cleaned de place.

    And they’re good with wardrobe decisions.

  5. Team Zissou:
    “An internet-connected iPod with integrated iTMS would be amazing.”

    How about an internet- connected iPod with intergrated iTMS, a SuperDrive and a 12″ LCD screen with touch-pad? Errr – wait. That’s an iBook G4.

    No. My point was exactly what I said without your editorial. Just iTMS wirelessly. That’s pretty simple I think. Not much different than the RAZR and SLVR except it has the store built-in for your music shopping convenience and impulse buys, of course.

  6. buy this stock. It does not say any where that Apple will not use PortalPlayer for future iPods — just not that specific chip. Ny guess is that they are announcing a new 720p HD chip that Apple will be using. Grab their stock while it is low!!

    You can get it for $20 now, but end of tomorrow it will be $50.

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