American Fortune Life

Chapter 1674 The Giant Pit Will Be Dug Soon

"The board has approved a 6% increase in the quarterly cash dividend to 17 cents per share from 16 cents previously, effective March 1.

Despite the uncertainty of the global economic environment, we will continue to implement the established strategy, maintain a strong cash flow level, and ensure the interests of shareholders through stock reviews and dividends. "

On the morning of February 26, Andy attended the press conference for the first time as the chairman of Qualcomm, and announced the latest resolution of the board of directors to the outside world.

At the same time, it is also a disguised realization of the promises made to major shareholders when I joined the board of directors to canvass votes.

"Mr. Smith, there is news that you are continuing to increase your stake in Qualcomm. I would like to ask, is this news true?"

Andy, in a straight suit, sat on the rostrum with a smile on his face, looked at the reporters below who kept taking pictures, and when he heard the reporter's question, he couldn't help but nodded slightly and replied: "Yes, I am more optimistic about Qualcomm than anyone else. The future development of the company is why I chose to acquire Qualcomm in the first place.

The current stock price is so low that it is completely undervalued, and of course I would choose to buy it. "

"Does that mean that this is the best time to buy the bottom of US stocks?"

As soon as this question was asked, all the reporters and staff in the audience focused their eyes on Andy on the rostrum. You must know that Andy Smith's reputation as a financial genius is now widely touted by the world, especially in the stock market. At the moment when he is the only one making a lot of money in the street, people will attach great importance to Andy's opinion.

"Hehe, you said that, but I didn't say it." Andy would not make such thankless predictions, just smiled and shook his head, refusing to answer this question.

It’s just that it’s hard to catch Andy Smith’s chance to be interviewed honestly. How can these reporters let him go, especially when the stock market is not working well, and he voluntarily admits that he is on the street. How can a financial genius who has made outstanding achievements in the financial crisis stop asking questions of national concern?

"You shook your head in denial. Does that mean that the US stock market will continue to fall? Mr. Smith, can you predict when the US stock market will rebound..."

"Hehe, I can't give an answer to this question, because only God knows..."

"Sorry, this is Qualcomm's press conference, please don't ask questions that are not related to the topic."

Facing more and more questions from the reporters, Andy smiled and turned to look at the host of the press conference standing aside, raised his chin slightly to signal, and the host immediately said knowingly into the microphone.

"A reporter asked Buffett why he didn't invest in technology-related industries. Buffett said it was not his advantage. The person who has the deepest understanding of technology companies may not be ranked among the top 1,000 or 10,000 in the world. He Rather than asking him, I think it’s better to ask you. He thinks you are the investor who knows the industry best. Mr. Smith, what do you think of Buffett’s words, and what do you think of him admitting in his letter to investors two days ago? I made a mistake last year that caused Berkshire's performance to decline sharply?"

Andy, who was listening to the reporter's question with a smile on the rostrum, was a bit unresponsive to the reporter's panting question. Fortunately, it was only a moment, and Andy shook his head and replied with a smile: "Thank you, Mr. Buffett. Praise, but I'm not an investment expert. As for Mr. Buffett admitting that he made a mistake, the company's performance has declined, and facing the situation of "free fall" in business activities, who can not make mistakes. In the financial crisis of the century In the face of the tsunami, Mr. Buffett has done a good job. Everything will eventually pass, and I still have confidence in the future. Thank you."

After Andy finished speaking, he stepped back slightly from his chair and stood up. He wanted to end this press conference that was getting more and more off topic. When he stood up, the host also started to say the closing remarks of the press conference at the right time. Well, the reporters in the audience quit, they left the seat and rushed forward without any regard for the order of the scene.

Surround Andy, want to interview more content.

The security guards at the venue immediately rushed forward, blocking the reporters in front of them, protecting Andy's safety, and slowly moved to the entrance of the passage, while there were all kinds of questioning around, and the scene was noisy and chaotic for a while. Incomparable.

"What do you think about the future economy..."

"Where is the turning point of the stock market..."

"Citibank and the government reached an agreement to complete nationalization in disguise. Your worries are becoming reality. What do you think..."

"Affected by factors such as the sharp drop in crude oil, the price of gold futures is now down $2.5 per ounce. This is also the third consecutive trading day for gold futures since it revisited the US dollar mark on May 1. Mr. Smith, what do you think of the future of gold? The trend of..."

Under the cover of security guards, Andy finally moved to the entrance of the passage, and then through the human wall, in the flickering light, he turned his head and said lightly: "! (Investment is risky, you must be cautious when entering the market!)"

"Crack - click -"

After Andy finished speaking, he turned and left, leaving only a back for the reporters, followed by the sound of shutters one after another.

Andy, who returned to the chairman's office, loosened the tie around his neck, sat on the boss's chair, lay lazily with his eyes closed and meditated for a while, then sat up straight, moved the boss's chair, and picked up the office chair. One of the folders, opened and looked up.

The document contains detailed information about Qualcomm's mobile phone department. Next, he plans to separate the already marginalized mobile phone department from Qualcomm, and then acquire and establish a mobile phone company by himself.

Back then, in order to promote CDMA, Qualcomm produced CDMA mobile phones by itself. It had a complete and mature mobile phone production line and technical reserves. As long as it acquired Qualcomm's mobile phone department, it was essentially equivalent to acquiring a mobile phone manufacturer. With Andy's urine, how could he Maybe the fat water flows into the field of outsiders?

In addition, he has always wanted to create a large-screen mobile phone that Apple still looks down on. Of course, the most important thing is a series of appearance patents around the mobile phone, what is the notch, what is the curved screen and other things such as mobile phone camera, voice recognition , Fingerprint identification and other patent development and application, to build a patent barrier, because in Andy's view, the cash machines he will face in the future are not only Apple, but also Four Star and all mobile phone companies in the world.

The sale of the mobile phone department had already been decided by the board of directors, and it would be easier for Andy to acquire the mobile phone department in front of competitors who were close to bidding. There was no suspicion of insider transactions.

"Tsk tsk... what phone name do you want?" Andy frowned, thinking with some headaches, tapped his fingers on the table, and muttered.

"Buzz—"

At this moment, the mobile phone on the desk began to buzz, which interrupted Andy's thinking. He picked up the mobile phone and looked at it, smiled slightly, and picked it up.

"Honey, is it over with you?"

Andy leaned on the boss chair and heard Ivana's voice on the phone, smiled and said softly: "It's over, I'll go back to pick you up soon, are you ready?"

"There's nothing to prepare, well, come back quickly, I have something else to tell you."

"Huh? What's the matter?" Andy asked curiously.

"Let's talk about it when we meet, okay, I'm hanging up, hurry up."

"Okay, I'm leaving now." Andy stood up from the boss chair, and while talking on the phone, he closed the folders on the desktop, and then found a few folders from the pile of folders beside him. Together, after hanging up the phone, I grabbed a stack of folders in my hand, thought for a while, and after making sure I didn't miss anything, I walked out.

After walking out of the office and handing the folder to Martin, he took the elevator to the apron on the roof with a group of bodyguards.

"Da da da--"

The sound of the helicopter's propellers caught the attention of the journalists who surrounded Qualcomm's headquarters. They all looked up at the sky with disappointed expressions on their faces. However, many reporters raised their high-powered cameras and began to capture shoot.

"Boom~"

Andy, who got off the helicopter, looked at Ivana, who was standing in front of the mansion in Liberty City, with her blond hair tied up casually, wearing a blue long loose round neck shirt, jeans and white shoes, and walked quickly Walking up to her, holding her waist, kissed her Wen, and said with a soft smile, "What's the matter, you have to meet to talk about it?"

"Honey, I want to sponsor Nadia Sulman's octuplets' diapers for two years. Vivid Entertainment is so disgusting, it must not let these bastards get away with it!" Ivana put her arms around Andy's Waist, walked into Liberty City together, and then handed a newspaper to Andy.

Andy looked at the reports in the newspaper, a little dumbfounded.

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American Fortune LifeCh.1696/2033 [83.42%]