FORTUNE -- I'm glad it was Tiernan Ray and not me who submitted to briefings by three Chinese smartphone makers -- Huawei, ZTE and Meizu -- at the International Consumer Electronics Show in Las Vegas last week. Maybe I've covered too many over-crowded trade shows. Or fielded too many over-caffinated sales pitches in broken English. Or maybe I'm just getting old.
In any event, I learned several things from Ray's write-up in the current issue of Barrons (available free as a one-pass):
"The wave of Chinese brands emerging is huge," Strategy Analytics' Neil Mawston told Ray, involving "literally hundreds" of scrappy manufacturers. "If you fire off enough shots," says Mawston, "eventually one of them will hit the target."
Forget those Galaxy S4 ads, says Credit Suisse, wearables are "the next big thing."
FORTUNE -- Computers one wears, rather than carries in a briefcase, backpack or pocket, are at an "inflection point" -- a market poised to explode from $3 billion to $5 billion today to as much as $30 billion to $50 billion in three to five years.
That's according to a Credit Suisse report snagged Friday by Barron's Tiernan Ray.
The theory is that MOREPhilip Elmer-DeWitt - May 18, 2013 9:39 AM ET
Up 13.59% in a quarter in which the NASDAQ fell 12.91%
In his Tech Trader Daily column last week, Barron's Tiernan Ray noted that the three months that ended Friday saw some spectacular flameouts in the tech sector, including Netflix (NFLX) down 56.88% for the quarter, AOL (AOL) down 39.58%, Hewlett-Packard (HPQ) down 38.32% and Yahoo (YHOO) down 12.4%.
Amid the carnage, however, there were some relatively safe havens. Ray mentioned Apple MOREPhilip Elmer-DeWitt - Oct 3, 2011 5:00 AM ET
Two weeks before Apple's Q2 earnings report, a flurry of negativity in the business press
"Apple shares aren't just cheaper than the S&P, they're bizarrely cheaper," writes Tiernan Ray in the current issue of Barron's. "Backing out cash and marketable securities of $60 billion, or $64 per share, ... it trades at 11 to 12 times this year's projected earnings per share, versus the S&P's average of 14 times, despite MOREPhilip Elmer-DeWitt - Apr 4, 2011 6:30 AM ET
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