“Yep, Virgin Electronics is dead. We’ve just gotten confirmation from their PR rep that the company failed to receive additional funding from parent Virgin Group and that they’re quietly discontinuing all of their product lines (mainly MP3 players and portable speakers),” Peter Rojas reports for Engadget. “…we’re guessing sales must have been way, way worse than they’d expected.”
Full article here.
MacDailyNews Take: Let the domino tumbling begin. Note for Ralph in Sioux City, Iowa and Lou in Rochester, New York, “the rep made it clear that they will continue honor all warranties,” Rojas reports.
Related MacDailyNews articles:
French court rejects Virgin’s case, won’t force Apple to open up iTunes – November 10, 2004
Virgin unveils ‘iPod mini killer’ and openly chides Apple for not allowing iTunes support – October 12, 2004
Virgin Mega files complaint against Apple over FairPlay licensing – August 05, 2004
BusinessWeek: Virgin Digital ‘a digital-music challenger to be feared’ by Apple – March 09, 2004
Virgin Digital President predicts Apple iTunes Music Store demise – March 08, 2004