American Fortune Life
Chapter 1451: Apples with Brain Pain
Early December 27th.
“The largest acquisition in the history of the global semiconductor industry! ”
“In order to get the support of the major shareholders, Andy Smith promised to return overseas funds and pay shareholders cash immediately... ”
“Qualcomm customers say they are optimistic about Andy Smith's acquisition of Qualcomm... ”
“As a result of the acquisition, Qualcomm's share price continued to rise... ”
“Acquire the maniac and do it again! ”
“According to reliable sources, yesterday afternoon Paul Jacob called Andy Smith to defend Qualcomm's shareholder value, saying Andy Smith's offer was too low compared to the prospects for Qualcomm's operations and hoping to pledge a 'severance fee' as a guarantee.
Andy Smith, however, does not seem to approve of Paul Jacob's offer and, while agreeing that the acquisition price could be raised appropriately, rejects it directly and has a strong attitude. ”
In the CEO's office at Apple's headquarters in Cubitino, California, the brighter the brain gets, the closer the skinhead gets, and the thinner Steve Jobs' eyebrows stare deeply at a newspaper story with a deep, gloomy eye.
“Knock, knock...”
Jobs looked up and saw Cook entering the door, stretching his eyebrows, and asked, "Any updates? ”
“Well, in the morning, Qualcomm formally wrote to all shareholders hoping that they would reject Andy Smith's acquisition request at Qualcomm's annual meeting on January 6, 2009, otherwise Andy Smith would completely replace Qualcomm's board of directors... ”
Cook said, handing Jobs a file in his hand, and sitting in the chair opposite him, was similarly a matter of concern.
Jobs took over the file and frowned quickly, in a letter to all shareholders, Qualcomm criticized Andy Smith's takeover, claiming that it was grossly malicious.
The letter also stated that Andy Smith's reference to "immediate cash payments to shareholders” was “totally unrealistic”. Andy Smith lacks the necessary technology company management experience...
In this letter, Qualcomm also refuted Andy Smith's remarks. Andy claims that Qualcomm's customers want to acquire Qualcomm themselves. Qualcomm says: "No Qualcomm customer has publicly expressed support for Andy Smith's offer. ”
Qualcomm concludes: "We believe that supporting Andy Smith's malicious takeover is meaningless to Qualcomm shareholders. Moreover, Qualcomm may be exposed to the risk of incurring incalculable value losses if the transaction is not approved. ”
“Hey, Qualcomm's board made a stupid decision! Paul Jacob... They're going to die! ”
After reading this letter, his eyebrows were wrinkled and his expression was helpless. Jobs put the documents in his hand aside, took off his glasses, gently squeezed his nose and sighed.
“This... Not at all?” Cook heard Boss Joe's conclusion and asked somewhat obsessively and incomprehensibly.
Jobs glanced sharply at Cook and felt helpless again, seeing whether the successor of his choice was still a bit naive. For those investors who would go crazy if they saw blood, if they were too naive, they would not have been left with all the scum to be eaten. If they hadn't been kicked out of the apple by these asshole investors together as founders, he wouldn't have been so deeply aware.
“Remember, investors are absolutely reluctant to see a board member set up an obstacle to the free flow of capital!
Bear in mind that the board needs to adhere to the principle of active corporate regulation and that every decision it makes needs to be in the best interests of the shareholders of the company.
You know, whether Apple today or Qualcomm, shareholders are the real helmsmen.
Usually these people are harmless, but when decisions are made to the detriment of the vast majority of shareholders, they reveal their true identity and plunge into tearing up the person who caused them the loss.
Not to mention, the descendants of Qualcomm's founders have long lost control of the company's future fate.
It seems that Paul Jacob's conversation with Andy Smith yesterday was not harmonious, or, if I'm right, Andy Smith must have done something deliberately offensive and said something arrogant, you know, it's hard to understand the shameless and obsessive nature of this little guy without ever dealing with him... ”
Cook's face changed slightly, thinking of Andy Smith's young handsome face, always smiling a harmless look, couldn't help but wrinkle his eyebrows, you know, several consecutive pits of Apple, still being dug deep pit elbow, application store has been suppressed by the reality, Cook fully believed that Andy Smith the bastard would definitely dig a pit for Paul Jacob.
“I even believe that he had convinced some of Qualcomm's major shareholders to wait for Qualcomm's board to make a mistake. Look, it's no coincidence that on Christmas Eve, some of his guest lists at Christmas parties in Houston, Blackstone, and the heads of the pioneer groups, were there, and they were all Qualcomm's major shareholders. ”
Cook took over the list handed over by Mr. Qiao with a quiet face. Browsing it generally, he said helplessly: "Looks like we're going to have a lot more trouble working with Qualcomm in the future... ”
“To be honest, I always thought he would choose to go into the smartphone market, be it with Google or HTC, and I thought he was setting up his own brand layout for the future.
Now it seems that my guess is completely wrong, that he has no intention of being a mobile phone at all, but rather has a greater ambition to set standards for the mobile manufacturing industry that belongs to him, drawing blood directly from the mobile industry.
From 2007 to the present, the Snapdragon processor has become a direct guarantee of the performance of many phones.
The scariest thing about Qualcomm is its achievements in mobile network technology: it pioneered the first commercialized CDMA 2G technologies, and in the current 3G era, they are about to develop successful CDMA2000, EV-DO and other technologies.
In other words, Qualcomm has been playing a significant role in the evolution of two-generation mobile communications technology from the 1990s to nearly two decades now.
More importantly, there is a lot of inherited content in these mobile communications technologies, and Qualcomm holds these critical patents and continually researches new technologies and forms new patents based on these existing patents.
This pile of updated patents has actually become a “dam” after dam, generating huge revenues for Qualcomm.
The impact of HTC Android phones on our crazy phones is obvious, and our phones, both chips and baseboards, come to Qualcomm... ”
After listening to Boss Joe, not only Boss Joe had a headache, but Cook also had a bitter smile on his face. It was like a couple, after the divorce, all of a sudden, his ex-wife became the boss of his ex-husband, and it was like he was dying!
They can choose chips from other manufacturers, whether Intel or 4-star, but as the leader in the industry, Qualcomm does have a huge leading edge in its products, and unless Apple wants to let the brand Love Crazy Mobile get smashed down and captured by other brands of phones, Apple can't bypass Qualcomm in any way.
Especially the patented dam built by Qualcomm for wireless communication, no one can avoid being held down by it to bleed and feed its growth.
It is conceivable that when Andy Smith, the ‘business genius', truly dominates Qualcomm, the entire semiconductor technology community and the smartphone market will be overshadowed by his horror.
Neither opponents nor friends, nor ordinary people, have to admit the fact that Andy Smith's abilities and business talents, including those of Jobs and Cook, seem to see Andy Smith dominating Qualcomm as a greedy monster expanding its annexation of the global semiconductor industry and expanding its influence to become a world dominant prospect.
“Maybe we should do something to stop him!” Cook thought of the horrible sights of the future, and he couldn't help but look at them in the cold and in the face, "said the proposal.
“The White Knight?” Jobs mumbled thoughtfully, and his eyes whispered, “We can give Qualcomm some support in public opinion and funding, but have you thought about not, how much support can we give Qualcomm? And what if we still can't stop him from joining Qualcomm?
Do you think he'll retaliate against us? ”
Cook looked ugly, opened his mouth, and finally shook his head and laughed bitterly. According to Andy Smith's understanding, this greedy cunning bastard will definitely settle the bill after the fall. Even with normal business cooperation, he should be careful to deal with him carefully to avoid being re-pitted, and more importantly, he has long since become an opponent.
If he stood up for Qualcomm this time and succeeded in everything, but if he failed, he would die, and Cook didn't think how big Andy Smith would be.
“Hey, what a big problem!” Jobs was helpless, but he wouldn't really do anything to stop it. After all, he was very prepared for Andy Smith becoming a long-time partner, even though he had a lot of Apple stock in his hands, but this bastard crashed Apple a few times, and Jobs wanted revenge.