Chapter 1338 If You Must Sell It
"Well, why do you still want to sell the semiconductor department? Christopher, your profit last year was pretty good, and the write-down of the Yttrium Star Project was not a big deal. Is there anything I don't know about this?"
William White is very curious. Motorola's semiconductor department is a tragedy. It clearly has a good hand, but it has given up a good market.
However, due to William White's interference, there seemed to be no outrageous losses.
"The gap between us and Intel is getting wider and wider. The profit margins of the chips used in PDAs are really pitiful.
Okay, okay, that's not the point. "
Seeing William White's confused eyes, this guy could only tell the truth.
Damn, what do you mean by pitiful profit margins? If you don’t make money, you can compress the space of small Japan. When it comes to how to reduce production costs, they can always think of some ways.
"Some major shareholders believe that we need to clear up our roots. If we put aside those unrealistic ideas, Motorola will have better development.
After all, the communications industry is what we should be paying attention to. "
William White nodded to express his understanding. He could definitely see that Christopher was very unwilling.
However, the Yttrium Project is considered a desperate move.
"Christopher, entrepreneurs are different from professional managers, and they are also different from the vampires on Wall Street.
From an investor's perspective, I may not support you.
Don't worry, just listen to me.
Intel and Apple, didn’t these two companies abandon projects that they were not good at? I believe that if short-term gains are calculated, Motorola will have a very good market after getting rid of all its baggage. "
Christopher smiled bitterly, this is exactly the case in the current IT industry. Starting from Big Blue, many companies are making drastic cuts, such as Apple and Intel.
"But we are a technology company. If we lose the passion for exploration, we will eventually become a mediocre company. In terms of management capabilities, we are not as good as Little Japan, and in terms of production capabilities, we are not even as good as Big Rabbit Country."
“It’s useless, Christopher, I understand what you said.
You understand now, why am I holding a large amount of cash?
Also, why is that Bell Labs sitting alone outside? "
"Damn, if I had as much money as you."
William White rolled his eyes, every family has a difficult book to recite. How old is your Motorola? How old is my company? Now you see that my shareholding ratio is high, but what about twenty years from now?
"If it must be sold, I will pay an extra million dollars. From a friend's point of view, I don't want this to happen, and I will not support the proposal of the group of cysticercosis.
But I want to say, man, you can't last long. Once they find that there is no way to succeed, you are the first to be sacrificed. "
"Anyway, thank you very much. I hope that won't happen one day."
"Tsk, I'm convinced that something happened at this critical moment. These bastards must have been bribed by Europeans.
Well, if it doesn't work, just sell it to me. As for the price, that's no problem at all.
Hey, there won't even be any monopoly issues. "
Christopher Galvin was completely convinced. Damn it, your cost of picking up girls seems to be a little too high.
"I admire your generosity, but you'd better prepare an extra path. If this acquisition is banned, you know, if it must be counted, we are related to the military industry, if it is not a company with American background."
"Hey, that's not it, is it? Okay, I get it. It seems like you are being taken care of."
William White understood everything, but he also had a clear understanding of the greed of those bastards.
“Well, Christopher, I wouldn’t mind expanding Legend’s communications business if it ever comes to that.
Or, I need a qualified CEO helper. "
Christopher Galvin nodded and said nothing more. It was unexpected for William White to make such a statement. It seems that the rumors from the outside world are true. This guy doesn't like to see those old immortals very much.
Looking at Christopher's back as he left, William White couldn't help but sigh. Or maybe my son will have a similar experience in the future.
He remembers clearly that there were two stories circulating in the IT industry at that time. The protagonists of these two stories, one is the former CEO of Apple, and the other is the later Christopher Galvin.
There is no doubt that these two tragic figures were culled to death. Steve Jobs' "worst CEO" sentence directly pronounced him as a bad guy. From William White's point of view, even if this guy is at fault, the fact that he went against all odds to invite you back to Apple is really nothing wrong.
Or maybe there's something wrong and a cheap asshole.
As for Christopher Galvin, the poor guy was fired from his own company. From then on, the Galvin family also declined step by step.
"Boss, I've checked this matter, and Goldman Sachs' back is looming."
"Hmph, Philson, these guys are getting more and more bottomless. This is simply a kind of robbery, even more extreme than MBO."
"Boss, they do have plans for MBO. However, Christopher is also a ruthless person. He just purged the management."
"Ha, that's it. This is also an honest man being forced into a hurry.
Alas, Goldman Sachs, this guy is in as much trouble as he wants. "
Ferson was silent. Since his boss knew that Goldman Sachs was difficult to deal with, he still chose the opposite side. The meaning was not difficult for him to understand.
He didn't believe that the boss was just doing this for the sake of the relationship between the two families. One is Chicago and the other is Houston. To be honest, the relationship between the two is only acceptable.
At least, that's how it seems to outsiders.
But right now, William White is obviously supporting the Galvin family, which is really weird. Thinking of the 3G standard negotiations currently in full swing, Philson's face turned into a lump.
I wish Europe had only one voice, but you are still fighting in the nest. If this is a war, is it considered an act of treason?
If William White knew what this guy was thinking, he would definitely laugh wildly. What are you thinking? Since when do these capital giants in the United States care about the country?
During the Civil War, they sold arms to both sides. By World War II, Mustache and Little Japan were completely fattened by these guys. From this perspective, it is really difficult to tell whether the war was started by the mustache. At the very least, these bastards are responsible.
Hehe, just, I hope you like the next crash.
The Nasdaq did collapse, just as you expected. It's a pity that your bargain hunting seems to have reached halfway up the mountain.
"Uh, no way, Goldman Sachs is crazy."
"Warren, that's all I know. Selling the semiconductor department for 200 million is indeed a bit crazy."