The FCC recently published photos of the internals of Apple's upcoming iPad due to be released tomorrow. In the original FCC document all of the chips in the device were covered with grey boxes, a little bit of Photoshop revealed what we wanted to see.

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The initial details aren't all that surprising. The iPad is mostly screen and battery, the motherboard itself appears to be smartphone sized. The bulk of the cost of this device is in the display and the casing, which means Apple is making a killing off each device sold. It makes sense given that Apple had little interest in selling low margin netbooks, but this is a different story entirely.