Picking the winners as iPad shakes up tech sector

TIP OF THE WEEK

GLG managers Philip Pearson and Anthony Burton are selecting what they think will be winning stocks from a rapidly changing technoloy sector as the Apple iPad blazes a trail.

Apple Apple, as well as ARM, which makes the tablet’s microprocessor, is among the major holdings in the pair’s £97m Technology Equity portfolio. “This phase will result in massive upside for the winners and major damage to the losers – unlike the late 1990s, when most tech stocks were carried on a rising tide,” said Pearson. “The speed of change is such that a host of new competitors are dismantling existing monopolies at a pace we have never seen. Intel and AMD have had 100% market share of PCs and notebooks for almost two decades, and then Apple launched the iPad. This has an ARM...