we now call it the teardown.h this new ipad hitting the stores, we had teardown stories galore. although none of them as exciting or as violent as my pioneering efforts in the field. when everyone figured out the teardown strategy, it's more important than ever to analyze not just in the ipad or who isn't but who's gaining and losing steam with apple which could be making tens of millions of these gadgets buffering the order books and adding profits to the coffers of a very, very few chosen. with the help of cnbc contributor stephanie link who is research director of my charitable trust, i've compiled a list of the obvious and nonobvious ways to profit from the teardown. first, as we keep hearing about the big winners, qualcomm, which my charitable trust decided to go with broadcom. it gets about 10 bucks per ipad. that's not yet reflected in the stock price. it has huge exposure to 4g, the next generation wireless technology that's going to make it so i am going to try to get one of these this weekend. and prett

the problem with most people is they could not even teardown their homes. but this is the burning man twist. i love telling this story. being who they were, the culture, at the end of each day, the landscape was strewn with debris. you have to seeing the pictures. they gather up the debris, at night, they turn it into a bonfire. that is part of our culture. then locals started to come around and one woman said, i have never seen anything like this. i have never seen anything like this, but i like it. pretty soon, they were making art. fema is not going to do that for you. and that was just a spontaneous effort. now it has expanded around the world. this came out of burning man, this wild, crazy party. >> let us start over here with a question. >> i would like to ask a question about dpw. the people that build infrastructure. i want to know why they do not get workers' comp when they are injured. >> of course they do. who told you they did not? >> my friends who work for dpw. they did not have insurance. >> we have workers' comp. i assure you, they are wrong

i know why one candidate has to spend millions to teardown the other thinking that is the way to the nomination. we have that opportunity right now with a very smart man could be running could be discussing these things and not being distracted. did he pay taxes 1974? who gives a. the fact is we have to persuade the american people to our point* of view. in the end the american people will decide what kind of country they want to have. franklin said on the last day of the constitutional convention he was so ill he wrote it and gave it to james wilson to read. at the end of the speech franklin says paraphrase, paraphrase, , the constitution will work for a period of time but then the people will decide if they want to live under despotism or not. if they do, then they deserve it. keep in mind these men who are berated and smeared by the left as the framers after the revolutionary war was over they could have taken power court-appointed a king. if george washington wanted to became he could have then. they were constantly concerned restraining power. including their own because they un

you have to look we're going to look back on a same way that we look back on ronald reagan same teardowns that we're not because they're not going to have a stable democracy ok matthew no matter we have a desire to say no there's no reason to believe north korea is ever going to honor its obligations it has by a leader these agreements repeatedly over and over again this is distorted in the record where they want food because basically north koreans eat bark and grass and each other actually in some in many cases they did they've been running this scam for a long time so i don't know why is it you doesn't i mean why you think that just because they've agreed to take food this time this is really the beginning it really works better than bob's point does humanity kick it up point is the fact that why they're not we just go back and there's no promise but the fact that there is improvement there are signs of improvement and there are signs that we can the u.s. will be providing food to a starving nation basically it's ok. and we have a clear difference of opinion here sondra the floor i gue

gorbachev, it you want peace in the world world, teardown this wall. the germans thought reagan would be gone tomorrow. everybody was stunned. suddenly it was a mantra. people were taking it up on both sides of the wall. he started to ease controls the people took power in you see the whole eastern bloc began to crumble. he started this. you could make a case where one single individual who brought soviet communism who in the east down it is ronald reagan. after the satellite countries like czechoslovakia, poland and east germany got their freedom you went to moscow to visit gorbachev. reagan made a speech to the law school there in moscow. they never heard about democracy or freedom. it was against the law. but he did it. he was cheered. that was his legacy he was a lot smarter than people gave him credit for. presidents have speechwriters to some extent. but reagan wrote to his own speeches. i have the book with his own handwriting. he kept a diary. which is extremely articulate. he wrote letters and i was fascinating -- fascinated by his mind. basic

point here is, it's certainly the time to buy the product is ahead of the product available for teardown analysis. once that's done, the element of speculation is off the table. so here, we can say, yes, there have been strong long-standing relations with apple suppliers, with broadcom, as stephanie mentioned, and there might be other names as well. >> you mentioned cirrus logic. >> i'm nervous about cirrus. it's growing to 80% by the end of the year. that's very concentrated. i think there could be risk. it's a great technology in audio. but i do think that if they have market share loss, it's going to be a big impact to the bottom line. >> you want to sell cirrus logic? >> yes, i would buy quaulcom and skyward. >> tell us about neo node. >> they've come out with new technology that they had the patent announcement the end of february, with an interface with smart devices. they're not yet as a product supplier to apple but they're certainly a potential to be either in this product or with others. we think it's a name that the market hasn't had a chance to look at. neon. larger cap, as f

>> caller: i have to tell you, when i did my teardown of am, i did not know how much they have.ck. i cannot just bless it because it has some exposure to apple, because look at what happened to obti. i have to do work and i'll come back. steve in virginia. steve? >> caller: hi, jim. i was hoping to get your opinion on hormel foods. >> now you're talking. i buy, buy, buy! >> a tremendous long-term value to shareholders. how about greg in california, please. greg? >> caller: jimmy, how are you doing, man, boo-yah! >> i'm not doing that well. i've been taking a lot of tums here. it's about time. go ahead. >> caller: hey, man, your show is so hot. your show is so hot. if it was a pot roast, it would be done. >> man, i tell you, i feel like i ate a pot roast. >> caller: here is the question. is the force with electronic arts? is the force with electronic arts? >> no. the force is definitely not electronic arts, as much as i would like it to be. the force is with zynga, for i am scrambling with friends every single night before i go to bed. so far i've been dead wrong. i like to own t

trading the ipad teardown. tracking components with the boy genius. and web tv trade. looking at the live streaming trend. welcome to the fast money halftime report. stocks holding above milestone levels. what should you be doing? does the sell-off in bonds mean a wall of money is set to move into stocks? that become it is question. are we at an inflection point between stocks and bonds? >> i think we should. you're beginning to see growth here domestically in the u.s. priced in. i think a move out of ten-year treasuries is warranted. at the end of the day what may appear to be a complacent boring market, you have to start asking yourself this question. there are two weeks left in the quarter. coming into the quarter, nobody expected this type of return here in the equities market. you're going to have a lot of strength in the market over the next couple of weeks. i believe in the quarterly mark up. i think this quarter you will see it as aggressively as you have seen nittany quarter in the past couple of years. >> is that the conversation on the floor of the stock exc

meantime, qualcomm, big component maker in that new ipad confirmed by a number of teardowns this weekendnew high today up 2.3%. and priceline actually today one of four stocks along with apple that trades above $500 in the nasdaq 100 today at a new high near $700 as boutique firm slots an $800 price target on it. sue, back to you. >> thanks, bertha. fears about europe's debt crisis taking a bit of a backseat lately in this recent rally despite some serious headwinds for the region. how big a threat is the euro crisis to the economy? and what's the probability of debt defaults ahead? steve liesman is here now with exclusive results of the cnbc fed survey. hey, steve. >> hey, sue. this is a really interesting development. you'll remember we began the year with fears of another european financial crisis or the continued european financial crisis be the number one danger to the u.s. economy. not anymore. there's been a little bit of change. a little bit of say softening of the concern. we asked in our fed survey the probability of a euro country default in the next three years. you can see h

. >> it's interesting to be able to still do a teardown play.ly been a not great executer. arm holdings also upgraded. arm holdings still one more play about what's in the ipad. my problem with this, this was last week's trade. i don't want to go back to it and say, oh, geez, this was a shocker. people at home, these things were done thursday and friday. it's nothing rev la toir. >> right. we are seeing the trade on michael kors continue. we do see it open officially up by 2% or so. you know, we talked a lot about the apple dividend yesterday. but dpz, a special dividend being paid there potentially. >> merrill lynch, this is something that kind of does bother me. merrill lynch, they said seldom kn -- sell domino's pizza. they say special dividend and the future won't be as good as the past. here's what you need to know. this firm had a hold on the stock the whole way up. now they go to sell. i question their judgment since they missed the the whole move. i think it's questionable. >> right. we're also watching caterpillar. again, the company co