Live by the iPod, Die by the iPod

Bad news for our neighbors at PortalPlayer. Apple has apparently decided to stop using PortalPlayer in its next generation of iPods.

“This has a disastrous impact on PortalPlayer’s profitability in light of the fact that iPod Nano chip shipments comprise 70 percent of our 2007 revenue forecast for PortalPlayer,” Berger said.

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