Posts with the tag ipod
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These vinyl skins will help support your favorite candidate while protecting your device! They add no bulk, are easily removable, and leave no residue so you can switch them up however often you'd like. Make an impact!!!  Check them out at www.music-skins.com/art

 

 

In the section below this post, you will see a spreadsheet I pulled together from Yahoo's Finance site.  I couldn't believe that within a 2 year period of time, 10 people earned $2.5 Billion total.  Then I look at the net Revenue, over a two year period of time, and I couldn't believe it came out to less than half.  After all expenses paid, Nvidia stock holders are in the red.  CEO Jen-Hsun Huang seems to top them all at nearly $1 Billion alone.  Oh, and he gets over $500,000/yr Salary, and the others listed receive at least one-third or so the pay, or not too far from that.

It amazes me... because that equates to almost $5/share that each investor could have received.  I mention this because this particular company, as much as I liked their graphics cards, has been involved in some bad faith dealings.  I've spoken with the Anti-Trust Division of the U.S. Government, but they weren't really interested in any investigation.

In 2006, Nvidia announced its plans to buy a company named PortalPlayer, Inc.  For those of you who may not be aware, they were the first company to develop the chips that made Apple tons of money, and #1 in the portable media device.  

PortalPlayer, Inc. (PLAY) had been doing well since their IPO in Nov/Dec of 2004, which was around the time I joined the company, and where I remained until about 11 months after the Merger occured.  1 month shy of having PortalPlayer stock vest to receive approximately $28,000.00 - Minor in comparison, but it had the potential of becoming a lot more prior to the announcement that Apple was going to get with another manufacturer for the chip, Samsung.  This was a blow, but what didn't make it into the Media was that  Samsung had been at one time a customer of PLAY, even more interesting was the fact that the chip used in the Next Generation of Ipod was the same chip, but this time, instead of the musical smiley, it was an apple.

It seemed to me that there was more to the overall deal.  I am aware that recently the Samsung CEO was arrested for bad dealings he had been involved in.  But an even more interesting part of this whole deal was that PLAY was in the process of signing a contract with Microsoft for exclusive productions of the Zune II chip.  The Microsoft deal had been going on previous to the Nvidia offer, though some uncertainty existed during the summer and before the offer was made, but pen and contracts were waiting to be signed in November, when the people involved in making the deal were told to do whatever was possible to avoid becoming obligated, or else it would have costed PLAY a great deal and the merger wouldn't happen, causing inevitable bankruptcy.  (assuming that Nvidia would be allowed to collect the premerger breach of contract agreement.

So I have to wonder if anything any corporation does in rewarding it's executive staff, board members, etc.  Though many people may say that they made more than enough after investing low, and sold high.  Imagine if it were $5/share higher?  I can't imagine a person needing $500,000,000 /Year in addition to a half a million regular salary & benefits. 

All of this leads me to believe that any corporation, whose executive staff and board receive more money for stock 'awards' than they pay out in revenue during the same period... And here I have to file a lawsuit to have the original obligation that wouldn't cost them a whole lot in comparison.  I also invested more energy into the company, and having done so cost me in other ways, but from my point of view was worth it because I enjoyed going to work everyday.  I hadn't felt so secure working for any other company in the past.  There were many late nights that I spent on my own time contributing to the success of that company.  

Question is... How far did Samsung, Apple and Nvidia conspire in the merger & acquisition of PLAY?  And why did the board  vote not to pursue legal remedy for what was obviously corporate theft... maybe espionage?  (There was a Director who was released from his employment, only to be employed by Nvidia, and a few months later a Director at PortalPlayer again... Just in time for the Merger. 

It seems we've become so accepting of the "what are the chances of that" ideology, that we really ignore the foul odor in the room.  But think of how many homes could have been saved with the the money that had been awarded to 10 people total.  If we lived in honest times, I honestly wouldn't be spending time writing this article.

 

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Apple has introduced a new iPod with built in WiFi wireless Internet starting at $299 and cut the price of the iPhone which also supports WiFi to $399, both phones have an Internet web browser, Safari. In areas with free WiFi wireless Internet service (downtown Orlando), a used or refurbished iPod Touch or iPhone would make a low cost handheld device for accessing the voter file with a web interface, DNC's VoteBuilder.
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Apple iPods those little music players that people use with headsets may be useful in reaching younger voters. In addition to "podcasts," the video iPods (5th generation) can support multimedia content and brief text through menus as part of a feature called "Notes." Repurposing some web-site content for the Apple IPod might be a good project for a college intern who has an iPod and knows some HTML tags used for web pages.

The iPod Notes feature allows the iPod to support interactive personal multimedia presentations. Such presentations can be used, for example, as directed lessons or self-paced electronic guided tours.
from "Introduction to IPod Notes Feature Guide," page 1   Read More »
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