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Mobile Multimedia Player will Play in China i-Vision China, a Beijing-based mobile digital TV company, has unveiled a mobile multimedia player for Mobile Internet Devices (MIDs). It’s claimed to be the first Linux-based commercial multimedia player compatible with China Multimedia Mobile Broadcasting

For the prior week, the Everyday Finance portfolio outperformed the S&P500 again with a return of 3.6% versus 2.7% for the index. Big gainers for the week were Focus Media (FMCN) with a return of 11.6% and Suncor (SU) with a return of 8%. The full portfolio and respective returns appear in the attached chart.

It was another good week for the Everyday Finance portfolio, roughly doubling the return of the S&P500. The portfolio returned 2.7% vs. 1.4% for the S&P500. Standouts were Google and Focus Media. The Financial sector continued to benefit the portfolio, with the leveraged ETF breaking through recent highs.

From their press release: VisionChina Media's total revenues were $13.6 million in the first quarter of 2008, an increase of 304.5% compared to $3.4 million in the first quarter of 2007 and an increase of 13.5% compared to $12.0 million in the fourth quarter of 2007.

When we examined VisionChina Media's IPO in December of last year, I noted that while the company's filing statements gave us excellent insight into the transit-sector digital signage market in China, it was impossible to derive an accurate cost-per-slot or CPM figure because they didn't indicate how much revenue-generating airtime they were actually selling.