Apple (AAPL) has become one of the world’s largest buyers of semiconductors. Whenever a new Apple device is introduced, a race is on to tear down the device and find the origin of the components inside. This time the winner is iFixit. iFixit reports the following components inside the new iPad.

Texas Instruments (TXN) CD3240 driver device

Broadcom (BRCM) BCM4330 802.11a/b/g/n MAC/baseband/radio with integrated Bluetooth 4.0+HS and FM transceiver; 2 x 4Gb; BCM5974 microprocessor; BCM5973 I/O controller

–Elpida LP DDR2 = 1 GB DRAM in separate packages in a 64-bit configuration

–Fairchild Semiconductor International (FCS) FDMC 6683

–Apple 338S0987, Cirrus Logic (CRUS) Logic audio codec

–Qualcomm (QCOM) PM8028 Power Management IC;  RTR8600 multi-band/mode RF transceiver for 3G and 4GLTE bands

–Toshiba Y0A0000 Memory MCP

–Triquint Semiconductor  (TQNT)TQM7M5013quad-band linear power amplifier module

–Avago (AVGO) A5904

–Skyworks (SWKS) SKY77468-17 front-end module

Elpida has filed for bankruptcy.  Toshiba is a very large firm and inclusion of its memory in the new iPad has no material impact.

Our 30 years of experience has shown that the way to make money is to focus on disparities between market participants’ expectations and the reality.

On the surface, it seems that Broadcom is a big winner, but most of the Apple impact is already discounted in the stock.  Broadcom is also up against stiff technical resistance. The stock is a buy either on a significant pull back or on a break out from the resistance.

Components from Qualcomm in the new iPad are as expected….Read more at Forbes