MTL - Wall Street Legend-Chapter 438 take the lead
Chapter 438 Leading
Ye Dongqing is right, the cake is too big, it is unrealistic for Apple to eat it all.
Since there will inevitably be competitors, and they may still be relatively strong, in Jobs' view, it is better to let Ye Dongqing succeed in occupying the remaining part of the market. At that time, Apple will not exert too much pressure, after all, the palm of the hand and the back of the hand It's all meat.
It's kind and honest, he didn't take advantage of Apple by relying on his status as a major shareholder, even though he holds more than 60% of the shares, he has the absolute right to speak within the company.
Mr. Jobs took the initiative to bring it up, that was another matter, he nodded bluntly, and replied: "OK, I will let someone contact you, and I am going to launch a new mobile operating system based on the Linux operating system. It will form a competitive relationship with Apple, and I am confident that it will develop, and since you already know the news, most other people will soon know, and a group of mobile phone manufacturers may find me."
"It doesn't matter, Apple's lead is obvious. Microsoft failed to defeat Apple's new system, and neither will you."
"Of course, a lot of my money is in Apple. How is the development of new products?"
As Ye Dongqing told Jobs earlier, he really didn't care about business matters recently, and occasionally made some arrangements over the phone, but his mind was not on business, and he preferred to enjoy life in peace.
"It's not bad. Some technologies, including the clarity of the screen, touch sensitivity, processor performance, and battery capacity, have been improved. They have almost been completed in the R&D laboratory. You try, there are more and more products in the App-Store, which is why I am not afraid of any competitors. To be honest, I think the managers of those mobile phone manufacturers have water in their heads. Ban beats iOS like a joke."
"Steve, it's not like, that's a joke. With the development of wireless network transmission technology and the expansion of the construction scale of 3G mobile base stations, the next generation of iPhone is bound to be more popular, but this time it cannot be launched and released like last year. It’s been almost five months, so mass production is being dealt with, right?”
Mr. Jobs replied: "Of course, I already have experience. This time, the first batch of supply may be released a month after the press conference, but to be honest, the current products are selling well, and I am reluctant to directly replace them."
"The two models are sold together. The new model is more expensive, while the price of the old model is lowered. This allows consumers to have more choices. Anyway, we won't suffer, right?"
······
This time Jobs came to visit Ye Dongqing because of his participation in the event, and asked for some opinions by the way.
The form is there. Apple is no longer the company dominated by the board of directors. Ye Dongqing occupies the absolute right to speak, and more than half of the board of directors are his people. Jobs can't help but be careful.
As long as they can make money, investors don't care who manages the company. Ye Dongqing's achievements after investing in Apple are obvious. Many old investors' assets have rapidly increased by more than ten times. Especially in the past two years, almost whoever buys makes money He would stop something if he was a fool. When he asked for an increase of five members of the board of directors, the resolution was passed on the same day, which allowed him to further control the company.
Apple has more and more directly-operated stores, and the number of distributors is also increasing, because the products are good enough, and the advertising efforts have been increased a lot. Today, the market share in the fields of computers, music players, and mobile phones is rising steadily. , in the minds of consumers that it is a cool business.
It is easy to market a product, but it is very difficult to market a company’s brand. Originally, Apple was only famous in the United States. Many young people did not know its glory in the early 1980s. The international market outside the United States accepts, and advertising is naturally indispensable.
In the ensuing conversation, Ye Dongqing asked Mr. Jobs to pay more attention to marketing. Soon after, Jobs left and asked him to attend an official party at that time. It is said that Gates, Ellison and others were also there.
Sitting alone in the cafe, my back was sweating from the heat.
No kidding, he really paid for it himself, and asked an assistant to help him purchase two high-power air conditioners, and they will be installed today.
Put a hundred-dollar bill under the cup, pack two sandwiches and a hot dog to take home for lunch, take a break, and rarely check the mailbox...
Ye Dongqing has established a private investment department in the nature of a family office, and may donate 20% of the shares of Freshwater Investment Group to a charitable trust foundation under his name within this year.
The concept of financial management is changing. With the possible sell-offs and cash-outs that may be attempted in the future, there will be more funds. In addition to repaying foreign debts, he also has to reconsider where to invest. The acquisition of the Ferrari brand is an attempt to satisfy his own hobbies. Occasionally Maybe even play Formula One.
In order to buy this company, more than 10 billion U.S. dollars was spent, and the agreement was to pay it in three years without interest. The shareholders of the Fiat Group were satisfied, and he was also satisfied. Some time ago, the loan received more than 200 100 million US dollars, part of which is used to repay old debts, and part of which is used for investment and charity. The overall personal debt ratio is less than 35%, and the asset structure is still healthy.
Not to mention other things, selling the Apple shares and Amazon shares they hold can almost pay off all foreign debts at present. Few people in business worry about interest. They only worry that no one will lend them money for their business.
Someone once analyzed Ye Dongqing's family history, and one of the words they concluded was - learn to use other people's money to make money and skip the process of fund accumulation.
Of course, not everyone can succeed. If you lose money, you may not be able to pay off your debts for the rest of your life.
Laura was pregnant, so that Ye Dongqing didn't have much time to accompany Ma Xi recently. During the Christmas holiday, she asked Ye Dongqing to travel together, but in the end it didn't work out.
Today, Marci called him again, telling him that she was here in the Bahamas to help manage the company.
Her father was probably killed, but at the end of last year, the two may be one of the murderers. After being arrested by the authorities, they were fined almost 300 million US dollars. The reason was not because of his father, but because of tax evasion, plus some other things , was sentenced to 15 years in prison, barely an explanation, if Ye Dongqing didn't help, and didn't ask people in Washington to help put pressure on it, it might just pass by like this.
After so long, Marci's family immigrated to the United States. She also holds a French passport and has dual citizenship. She settled her home in Los Angeles.
I felt that it was not good to refuse again, and it was so close, so I simply hung up the phone and arranged a route to the airport to fly to the Bahamas.
Honestly speaking, because of emotional confusion, Laura's temper is indeed a bit big, and it's a dangerous period. Man, there are always certain needs...
(end of this chapter)
