Playing the Apple Ecosphere

Tech investors are buzzing about the cryptic invitation Apple just e-mailed, for a March 2^nd event.

According to the Internet blogosphere, the tech titan is about to debut of a new version of its hot-selling iPad tablet computer – or iPad 2.

Unconfirmed reports suggest the new gadget will be a thinner, more powerful version of the original and may include additional memory and a front-facing camera for video-conferencing.

What’s the trade?

Jon Najarian suggests the excitement about the new iPad is yet another signal that the tablet market is about to explode.

He suggests watching a slew of chipmakers, especially Broadcom , Skyworks and Texas Instruments.

He also thinks Atmel and Linear Technology also stand to benefit in a big way.

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Trader disclosure: On Feb 23, 2011, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders; Seymour owns (AAPL); Seymour owns (BAC); Seymour owns (F); Seymour owns (FXI); Seymour owns (INTC); Seymour owns (STP); Seymour owns (TSL); Kinahan owns (BAC); Kinahan owns (C), is short (C) calls; Kinahan owns (CSCO); Kinahan owns (F); Kinahan owns (GE); Kinahan owns (MSFT) puts; Kinahan owns (NFLX) puts; Kinahan owns (WFC); Kinahan owns (YHOO); Finerman's Firm Is Short (IWM); Finerman's Firm Is Short (SPY); Finerman's Firm Is Short (MDY); Finerman's firm is short (XRT); Finerman's firm is short (IJR); Finerman's Firm Is Long S&P Puts; Finerman's Firm Is Long Russell 2000 Puts; Finerman's Firm And Finerman Own (AAPL); Finerman's Firm Owns (BAC) Leap, Finerman Owns (BAC); Finerman's Firm Owns (BBY); Finerman's Firm And Finerman Own (BP); Finerman's firm owns (FCX) puts; Finerman Owns (GOOG); Finerman's Firm And Finerman Own (HPQ); Finerman's Firm Owns (IBM); Finerman's Firm Owns (JPM), (JPM) Leap; Finerman Owns (JPM); Finerman's Firm Owns (M); Finerman's Firm And Finerman Own (MSFT)’ Finerman's Firm Owns (WMT); Jon Najarian owns (CHK), is short (CHK) calls; Jon Najarian owns (DTV), is short (DTV) calls; Jon Najarian owns (BP), is short (BP) calls;’ Jon Najarian owns (NBR), is short (NBR) calls; Jon Najarian owns (KWK), is short (KWK) calls; Jon Najarian owns (HPQ); Jon Najarian owns (MOS), is short (MOS) calls; Jon Najarian owns (ATML), is short (ATML) calls; Jon Najarian owns (LLTC), is short (LLTC) calls

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(BODY), (GIII), (GMAN), (RUE) have been investment banking clients of Piper Jaffray during the past 12 months
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Other material conflicts of interest for Jeff Klinefelter or Piper Jaffray include (BODY), (GMAN), (RUE) underwriting
Piper Jaffray received non-investment banking securities-related compensation from (GSO)during the past 12 months
Piper Jaffray is a market maker in (BODY), (CROX), (CTRN), (DECK), (GIII), (GMAN), (HOTT), (PSUN), (ROST), (VLCM), (WTSLA), (ZUMZ)
Piper Jaffray buys and sells the securities of(ANF), (ARO), (AEO), (GCO), (GES), (GPS), (JCG), (JCP), (KSS), (PVH), (RL), (RUE), (TGT), (UA), (VFC), (WRC), (ZQK) on a principal basis

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(MRO) is an investment banking client of DBSI
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