There is more than one way to skin a cat. To make money from Apple Inc., it is not necessary to buy Apple stock.

Over the years, at The Arora Report , we have benefitted from the rich gold mine of opportunities that Apple /quotes/zigman/68270/quotes/nls/aapl AAPL +1.28% suppliers have offered. Going forward, Apple suppliers are likely to prove more lucrative, both on the long and short sides, than the stock of Apple itself.

Apple has always been very tight-lipped about its suppliers. All subscribers are required to sign agreements that prohibit them from announcing contracts with Apple.

In a historic release, for the first time ever Apple has published a list of suppliers . We have traded 33 of the companies listed on Apple supplier list. Here are some of the noteworthy insights from the list:

Sony and OmniVision

Apple had been relying on OmniVision Technologies /quotes/zigman/82509/quotes/nls/ovti OVTI -1.27% to supply imaging sensors for cameras in its devices. For a long time there were rumors that Sony /quotes/zigman/197524/quotes/nls/sne SNE -1.69% was heavily courting Apple to supply it with image sensors.

The working assumption on the part of analysts has been that Apple would split its image sensor business between Sony and OmniVision. The speculation turned into reality when a tear down of an iPhone 4S showed an image sensor manufactured by Sony. Clearly OmniVision had lost its monopoly. OmniVision’s stock tumbled.

Interestingly, OmniVision is not on Apple supplier list. The reasonable conclusion is that OmniVision has either lost all of its business to Sony or its business with Apple…Read More at MarketWatch

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