Wall Street Legend

Ye Dongqing was right, the cake was too big for Apple alone to eat.

Since competitors are bound to emerge, perhaps relatively strong ones, in Jobs' view it is better to let Ye Dongqing successfully occupy the remaining part of the market. By then, there will not be too much pressure on Apple. After all, it is the back of his hand. It's all meat.

He is quite kind and does not take advantage of Apple just because he is a major shareholder. Although he holds more than 60% of the shares, he has absolute say within the company.

Mr. Jobs took the initiative to bring it up, which was another matter. He nodded politely and replied: "OK, I will let someone contact you to prepare 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 I will develop it. Since you already know the news, other people will probably know it soon, and a group of mobile phone manufacturers may find me."

"It doesn't matter, Apple has a clear lead. Microsoft hasn't been able 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 before, he has really not been concerned about business matters in recent times. He occasionally makes some arrangements over the phone, but his mind is not on business and he prefers to quiet down and enjoy life.

"It's pretty good. Some technologies, including the clarity of the screen, touch sensitivity, processor performance, battery capacity, etc., have been improved. They have almost been completed in the R\u0026D laboratory. I will give one to you next time. Try it. There are more and more products in the App-Store. This 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. Nokia is still trying to use plug-ins. It’s like a joke that Ben beats iOS.”

“Steve, it’s not like that, it’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 will inevitably be more popular, but this time it cannot be launched and released like last year. It's been almost five months, are you still dealing with mass production?"

Mr. Jobs replied: "Of course, I have already experienced it. This time, the first batch of supplies may be released a month after the launch, but to be honest, the current products are selling well. I would be reluctant to replace them directly."

"Sell the two models together. The new model is more expensive and the old model is cheaper. This allows consumers to have more choices. We won't suffer a loss anyway, right?"

······

This time, because Jobs was participating in an event, he stopped by Ye Dongqing to visit and ask for some opinions.

The situation is that, Apple is no longer a company dominated by the board of directors. Ye Dongqing has the absolute say, and more than half of the seats on the board of directors belong to him. It is inevitable that Jobs will not 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. The assets of many old investors have rapidly increased more than ten times. Especially in the past two years, almost everyone who buys makes money. , only a fool would stop anything. When he asked to increase the number of board members by five, the resolution was passed on the same day, which allowed him to further control the company.

Apple has more and more direct-operated stores, and the number of agent sellers is also increasing. Because the products are good enough, advertising has increased a lot, and now its market share in computers, music players, and mobile phones is rising. , in the minds of consumers they think it is a cool company.

It’s easy to market a product, but it’s very difficult to market a company’s brand. Originally, Apple was only somewhat famous in the United States, and many young people were completely unaware of its glory in the early 1980s. They wanted more people to accept it, especially those who were For international markets outside the United States to accept it, advertising is naturally indispensable.

In the following conversation, Ye Dongqing asked Mr. Jobs to pay more attention to marketing. Soon after, Jobs left and invited him to attend an official party. It was said that Gates, Ellison and others were also there.

Sitting alone in the cafe, it was so hot that my back was sweating.

No joke, he actually paid for it himself and asked an assistant to help him purchase two high-power air conditioners, which he would install today.

I put a hundred dollar bill under the cup, packed two sandwiches and hot dogs to take home for lunch, took a break, and rarely checked my mailbox...

Ye Dongqing has established a private investment department as a family office, and may donate 20% of the shares of Danshui Investment Group to a charitable trust under his name within the year.

The concept of financial management is changing. With the possible selling and cashing out, he has more funds. In addition to paying off 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 try some Formula 1 racing.

In order to buy this company, more than 10 billion US dollars were spent. It was agreed that it would be paid in full in three years without interest. The shareholders of Fiat Group were satisfied, and he was also satisfied. Some time ago, he received a loan of more than 200 US dollars. 100 million US dollars, part of which was used to pay off old debts, and part of which was used in 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 can almost pay off all the foreign debts. Almost no one in business will worry about interest. They only worry about no one lending them money for business.

Someone once analyzed the history of Ye Dongqing's fortune, and one of the words he summarized is - learn to use other people's money to make money and skip the process of capital 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 Ye Dongqing didn't have much time to spend time with Maxi recently. During the Christmas vacation, she asked Ye Dongqing to travel together, but in the end she didn't go.

Today, Mahi called him again and told him that he was helping manage the company in the Bahamas.

Her father was probably killed, but at the end of last year one of the two possible murderers was arrested by the authorities and 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 fifteen years in prison, and he was finally given an explanation. If Ye Dongqing hadn't helped or asked people in Washington to help put pressure on him, it would have probably just passed away.

After so long, Mahi's family immigrated to the United States. She also holds a French passport, dual citizenship, and settled in Los Angeles.

I didn’t think it would be good to refuse again, and since it was so close, I simply hung up the phone and arranged a flight path to the airport to fly to the Bahamas.

To be honest, due to her emotional confusion, Laura’s temper is indeed a bit strong, and it is also a dangerous period. As a man, there are always certain needs...