Vol 6 Chapter 824: Alliance

When Jobs remembered, Feng Yiping once said that if given the opportunity, he still hopes to further absorb Apple's stock, so he hopes to absorb and hold it in the name of a joint fund?

"If the fund can hold shares in Facebook, of course it is very good," Jobs said.

Facebook's momentum is really stronger than that of Google, but what is Google's market value now?

Therefore, holding shares in Facebook will definitely be a good thing, because in terms of market value, Facebook should follow Google in the future.

Google has a market value of 200 billion U.S. dollars, Facebook will definitely have 200 billion U.S. dollars, Google’s market value will be 500 billion U.S. dollars, and Facebook should also be close to 500 billion U.S. dollars...

But at the beginning of Facebook's listing, the market value should still start at 100 billion US dollars, so this is definitely a good investment.

However, Apple and Google, he thinks, it may be another matter.

Apple's stock price is currently around 330, and Google's stock price has once again broken the $500 mark. From an investment point of view, the price is really not low.

He is very aware of his company's situation. At this fall's press conference, Apple's upcoming blockbuster product iPhone4S is actually not a new product. It can only be said to be a perfect work for the iPhone4 launched last year.

It is foreseeable that the stock price will fall accordingly.

"But other stocks..."

He can't say that he is not very optimistic about Apple's stock price, nor is it good to talk about Google's stock price in front of Google, so he can only mention it vaguely.

Feng Yiping immediately said, "Although the stock prices of Apple and Google are not low, I think they will have a lot of room for growth in the future, so they are both worth investing."

Although he also feels that from the data analysis, Apple’s current market value and its stock price are somewhat inflated—because Microsoft’s revenue and greenness are still higher than those of Apple and Google, and even Google’s profits are equal to Apple. But Apple's market value is not only much higher than Google, but also nearly $100 billion higher than Microsoft.

But he also knows that whether Apple or Google, the market value will climb to a new high in the future, at least in 2014, Apple seems to be close to 500 billion, and Google will exceed 400 billion.

Although there are some influences now, such as Google, because of Feng Yiping, YouTube and Android are gone, and Facebook is growing faster than before, it will inevitably have a negative impact on its market value.

But at the same time, also because of Feng Yiping, Google has been developing steadily in the field of Chinese search. In the field of cloud computing, it has surpassed Amazon and Google Chrome, and it has also seized a lot of Microsoft shares. Google Maps , Google Mail... are all earlier than the original launch, and they are developing well.

Therefore, compared with the original period, Google's market value will not only not decrease, but will increase accordingly.

In the same way, because of Feng Yiping, Android’s development momentum is stronger than the original one, and of course it has affected Apple to a certain extent, but it is also because of him that Apple pays more attention to the Chinese market than before. This makes Apple’s hardware revenue accordingly. A higher increase...

Therefore, even now, it is not bad for a private fund such as the United Fund, which focuses on seeking stability, to absorb the stocks of both of them.

Of course, the point of Feng Yiping's proposal is not to increase the profitability of the fund by absorbing shares of Apple and Google.

Page thought for a while, "Facebook shares are easy to say, but Google and Apple are a little bit difficult."

Because they have been listed for a long time, it is really not easy to hold Google and Apple stocks on a large scale.

"Feng, you don't want to..." Brin stood up, "Do you want us to bring the shares of Google we hold?"

Jobs and Page had also thought of this a long time ago. Feng Yiping has always emphasized synergy, reducing internal friction between the three of them, and emphasizing the unhealthy relationship between their three companies after they let go...

Feng Yiping nodded slightly, "Yes, I hope that the joint fund can hold a large number of shares of our three companies at the same time. In this way, many of our concerns will not be a problem."

Although the merger of Facebook and Google is not impossible, it seems that there are too many problems to be solved and the difficulty is not ordinary.

But in this way, not only can relevant supervision be avoided, but the two companies can be substantially coordinated and unified.

The same is true for Apple.

"Union Fund can also carry out wealth management business, can't it?" He laughed, "So, we can completely put the shares of the three companies we hold into it.

"As for how much to put in, the proportion of everyone's shareholding in the fund after it is put in, and the fund manager, those are all technical issues. As long as we can reach a consensus, those issues are not a concern.

Steve Jobs felt that the essence of Feng Yiping's proposal was to form an alliance. It was an alliance between the three of them.

If his proposal can be implemented, then three of the five major high-tech companies in the United States will essentially become a united front, at least in large areas, they will be unified.

Such prospects made him startled.

The three of them, even if they can cooperate with each other to a limited extent, the benefits brought by them will be huge.

Not to mention the other, between each other-mainly between Apple and Google and Facebook, those measures used for alert and beware can be cancelled accordingly, which will greatly reduce related expenditures and liberate a lot of manpower.

For example, since the launch of the iPad, Apple has increased a lot of investment in the field of mobile advertising-they also launched their own advertising system iAd.

This system is currently on the iPad

,

There are apps on touch.

In order to enter the advertising market, they first spent 300 million US dollars to acquire an advertising company, and then invested a lot of resources on this basis to develop the iAd advertising system, but this may be the project he led after returning to Apple One that will definitely fail.

From the time this system was put into use, the revenue was less than 20 million U.S. dollars, but the management cost of maintaining this system was more than 70 million U.S. dollars...

The biggest problem is that this system this year, and the next revenue, may not "become the best mobile advertising platform" as boasted when it was first launched.

The reason they did this was just a counterattack against Feng Yiping and Google-mainly against Feng Yiping. For Google, it was only collateral damage.

Now that you have released Android and entered my core position, then of course I must also make a difference in your core position, in the field of online advertising.

If they can roughly coordinate, such waste and things that might damage their reputation will not happen.

You know, this damage is not only Steve Jobs's personal reputation-the praise of Haikou has not yet been realized, but also Apple's reputation.

Apple has been criticizing Google, Facebook, Android, etc., mainly relying on the use of user information to publish ads ~ www.wuxiaspot.com ~ does not respect the privacy of users, now they are also launching an online advertising system, which is undoubtedly their own face……

In addition, joint equity holdings through joint funds can also reduce many other troubles, such as patent lawsuits between their Apple and their two homes; for example, when they are targeted by regulatory agencies, there is no need to worry that they will be quietly behind. Stabbing a knife; for example, to encircle Microsoft in more areas...

But the biggest attraction to him is that, if this is true, he can finally not worry about the development of Apple after himself.

With those companies like Google and Feng Yiping as barriers, what else is there to worry about?

This is a stunned but very attractive proposal.

On the other hand, Page and Brin have already given answers to Feng Yiping’s question, "Feng, we will actively consider your proposal,"

Jobs knew that the result would be like this. For Google and Facebook, which had been considering a merger in private, Feng Yiping’s proposal was simply appropriate.

But myself, the difficulty is a little bit bigger.

Together, Page and Brin are Google’s largest shareholders. Feng Yiping holds the majority of shares in Facebook. Although he can control Apple’s board of directors and management, he is not a major shareholder of Apple. Sixths of the equity.

He looked at Feng Yiping, really speaking, this problem is not big.

He looked at Feng Yiping with some apologetic eyes, "Feng, I am personally optimistic about your proposal, and I will also actively consider it."

Feng Yiping said, "Sorry, Steve..."

Jobs waved his hand, "No, I originally hoped that I could handle more work these days."

In a word, everyone was silent again.

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