Apple sells more iPhones and iPads but falls in profits

Apple chooses PortalPlayer for the iPhone chip

A news item from EETImes indicates that Portal Player has won the contract as a chip supplier for the new product. This news follows nVidia’s announcement that the company acquired PortalPlayer for an amount of $ 357 million. nVidia is also shaping up to be the next vendor of the next-generation video iPod graphics processor, which is expected to ship in the next year.