one-point compactification of a compact space We have the definition of the one-point compactification of a locally compact Hausdorff space: Let X be locally compact and Hausdorff and let Y be a compact Hausdorff space and $i:X\to Y$ such that there exists a $y_0\in Y:\;\; i:X\to Y\setminus \{y_0\}$ is a homeomorphism. We call $(Y,i)$ the one-point compactification of X.  My question: What is $Y$ if $X$ is compact/ how does $Y$ look like if $X$ is compact?  I don't know the answer. But   $i(X)$, i embedding, is not dense in $Y$ if X is compact and thus Y is not the one-point compactification of compact $X$ i think. But the one-point compactification of X can not be X itself because we have to add one point to X.. I hope you understand me.. I am not sure what is the correct answer. Regards.
 A: If we take your definition ($Y$ compact Hausdorff and $y_0 \in Y$ such that $i: X \rightarrow Y \setminus \{y_0\}$ is a homeomorphism), the answer is clear:
$i[X] = Y \setminus \{y_0\} \subset Y$ is compact and hence closed in $Y$ (as $Y$ is Hausdorff), and so $\{y_0\}$ is open (i.e. $y_0$ is an isolated point of $Y$). So $Y$ then consists of a (closed) topological copy of $X$ (namely $Y \setminus \{y_0\}$) and an isolated point $y_0$. Indeed $i[X]$ is not dense in $Y$. So indeed this is incompatible with the usual definition of a compactification:
Commonly, a (Hausdorff) compactification of a space $X$ is a pair $(Y, i)$ where $Y$ is compact Hausdorff and $i : X \rightarrow Y$ is an embedding (or equivalently, $i$ is a homeomorphism between $X$ and $i[X] \subset Y$) and $i[X]$ is dense in $Y$. In this definition, a one-point compactification $X$ is a Hausdorff compactification $(Y,i)$ such that moreover $Y \setminus i[X]$ is a singleton. 
Two compactications $(Y,i)$ and $(Y',i')$ of $X$ are called equivalent when there is a homeomorphism $h: Y \rightarrow Y'$ such that $h \circ i = i'$ as maps on $X$. One then shows that $X$ has a one-point compactification iff $X$ is locally compact Hausdorff and non-compact and moreover all of them are equivalent in the above sense.
In this general definition, if $X$ is compact and $(Y,i)$ is a Hausdorff compactification, $i[X]$ is compact and so closed, so it can only be dense in $Y$, $i[X] = Y$ and $Y$ is just a homeomorph of $X$. So there is no one-point Hausdorff compactification, in the general sense, when $X$ is already compact. 
So maybe your text does not use the more common definition that includes denseness, or it implicitly assumes all considered spaces are non-compact, in which case we have no problem.
A: If $X$ is compact already, the one point compactification is the disjoint union of $X$ and a point $y_0$.  
To understand the one point compacification, you only need to know what the neighborhoods of $y_0$ are.  But they are by definition given by $\{y_0\}\cup (X-K)$ where $K\subset X$ is compact.  Hence $\{y_0\}$ is actually open when $X$ is compact.  
