Chapter 2974 Alliance

Jobs remembered that Feng Yiping once said that if there was a chance, he would like to further absorb Apple's shares, so he hoped to absorb and hold them in the name of the joint fund?

"If the fund can hold Facebook shares, it would be great," Jobs said.

Facebook's momentum is really stronger than Google's at the beginning, but what is Google's current market value?

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

Google's market value is 200 billion US dollars, Facebook will definitely have 200 billion US dollars, Google's market value is 500 billion US dollars, Facebook should also be close to 500 billion US dollars...

But when Facebook was first listed, its market value should still start at 100 billion US dollars, so this is definitely a good investment.

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

Apple's stock price is currently around 330, and Google's stock price has once again broken through the 500 US dollar mark. From an investment perspective, the price is really not low.

He is very clear about the situation of his company. At the press conference this fall, the blockbuster product iPhone 4S that Apple will release is not actually a new product. It can only be said to be a perfect product for the iPhone 4 launched last year.

It can be predicted that the stock price will fall at that time.

"But other stocks..."

He couldn't say that he was not optimistic about Apple's stock price, nor could he talk about Google's stock price in front of the two Googlers, so he could only mention it vaguely.

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

Although he also felt that from the data analysis, Apple's current market value and its stock price were a bit inflated - because Microsoft's revenue and profit are still higher than Apple and Google, and even Google's profit is comparable 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 knew that the market value of both Apple and Google would reach new highs in the future. At least in 2014, Apple seemed to be close to 500 billion, and Google would exceed 400 billion.

Although there are some impacts now, for example, Google, because of itself, has lost YouTube and Android, and Facebook's growth rate is faster than before, which will inevitably have a negative impact on its market value.

But at the same time, also because of itself, Google has been developing steadily in the field of Chinese search, and in the field of cloud computing, it has surpassed Amazon, Google Chrome, and has also seized a lot of Microsoft's market share. Google Maps, Google Mail... are all launched earlier than before and have developed better.

Therefore, compared with the same period of the past, Google's market value will not only not decrease, but will also increase accordingly.

Similarly, because of Feng Yiping, Android has a stronger momentum than before, which has certainly affected Apple to a certain extent, but it is also because of him that Apple pays more attention to the Chinese market than before, which has led to a higher increase in Apple's hardware revenue...

Therefore, even now, it is not bad for a private fund like United Fund, which is mainly based on stability, to absorb the stocks of these two companies.

Of course, the focus of Feng Yiping's proposal is not to improve the profitability of the fund by absorbing Apple and Google stocks.

Page thought for a moment, "Facebook's shares are easy to deal with, but Google and Apple are a bit difficult."

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

"Feng, you don't want..." Brin stood up, "Do you want us to bring our Google shares as well?"

Jobs and Page also thought of this. Feng Yiping has always emphasized synergy, emphasized reducing the internal friction between the three companies, and emphasized that the relationship between the three companies may be unhealthy after they let go...

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

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

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

The same is true for Apple.

"Joint funds can also carry out wealth management business, right?" He smiled, "So, we can 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 putting it in, and the fund manager, those are all technical issues. As long as we can reach a consensus, those problems are not a concern,"

Jobs knew clearly that the essence of Feng Yiping's proposal was to form an alliance, an alliance between the three of them!

If his proposal can be implemented, then three of the five largest high-tech companies in the United States will actually become a united front, at least in major aspects, they will be coordinated.

Such a prospect made him excited.

Even if the three of them can cooperate to a limited extent, the benefits brought by this will be huge.

Not to mention other things, the measures for alert and precaution between each other - mainly between Apple, Google and Facebook can all be cancelled. As a result, related expenditures will be greatly reduced and a large number of people will be liberated. manpower.

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

This system is currently available on iPad, iPhone and iPod touch.

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

From the time this system was put into use until now, the revenue has been less than 20 million U.S. dollars, and the management cost of maintaining this system alone has exceeded 70 million U.S. dollars every year...

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

And the reason why they did this was just a counterattack against Feng Yiping and Google - mainly against Feng Yiping, but against Google, it was just collateral damage.

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

If they could generally work together, this kind of waste and possible damage to their reputations wouldn't happen.

You know, the lack of development of the iAd advertising system has damaged not only Jobs's personal reputation - the boasted Haikou has not been realized, but also Apple's reputation.

Apple has previously criticized Google, Facebook, Android, etc., for mainly relying on using user information to publish advertisements and not respecting user privacy. Now they have also launched an online advertising system, which is undoubtedly a slap in the face...

In addition, jointly holding shares through joint funds can also reduce many other troubles, such as the patent lawsuits between Apple and their two companies; for example, when being targeted by regulatory agencies, there is no need to worry that they will quietly follow up. Stab a knife; for example, to encircle and suppress Microsoft in more areas...

But the biggest attraction for him is that if this happens, he finally won't have to worry about Apple's development after him.

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

This was a proposal that left him a bit stunned, but extremely attractive.

On the other side, Page and Brin have already given the answer 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 privately considering a merger, Feng Yiping's proposal was perfect.

But for me, it was a bit difficult.

Page and Brin combined are Google's largest shareholders. Feng Yiping holds the majority of Facebook's shares. Although he can control Apple's board of directors and management, he is not Apple's major shareholder. He currently only holds thousands of Apple shares. six-thirds of the equity.

He looked at Feng Yiping and saw that this was not a big problem.

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

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

Jobs waved his hand, "No, I was hoping to handle more work these days,"

One sentence made everyone fall silent again.

ps: Wow, the weather has actually gotten better. Looking at the large number of idle people on the street, who still have to work and code, I am extremely envious. Please vote for comfort!