Extraordinary Genius

Chapter 1143 Working with IBM

“Boss, the stock index has picked up again in the last few days, should we close some contracts first?” He Zhaoji called to ask.

“No, stick to the shortage. Remember, don't double leverage, hedge, and stabilize.” Feng Yu commanded.

After Ho Zhaoji got Feng Yu's point, he was confident. Although the stock index had fallen over the previous period as a result of successive financial scandals by large US companies, there had been a series of adjustments that had already begun to show signs of recovery.

Now in a period of volatility, stock swaps are very high, and this is the most difficult and energy-intensive time to operate. Especially since the amount of money invested in the rainstorm consultation is too large, He Zhaoji is very worried.

Instead of worrying about losing money, they're worried about getting the profits and throwing up again. Even if the stock index rose another 10 percentage points this month, Storm Consulting could still make money.

Feng Yu looked at the calendar on the table. The time is approaching. I don't know if this big thing can happen.

And at this time, Feng Yu is accompanying Liu Legend with Louis, Chairman and CEO of IBM? Guo Shina met to discuss cooperation between the two parties.

Even to enter the US market, the resistance is very great, not only from joint sniping from other companies, especially the world's PC industry dominant IBM, the most difficult, especially IBM has many political axes, corporate orders in the US, the largest number of customers.

And Liu Xianzhi came up with another way, which is cooperation. While IBM is technologically ahead of Lenovo, it is no longer far ahead and innovation has lagged behind. And even thinking of leading the Asian market boss Halo has added a lot of points to Lenovo.

It is also a reckoning that pushing IBM out of the Huaxia market has kept IBM's PC segment profitable. Coupled with the fact that IBM's investment in technology has been very high, IBM's profits have been negative for both years, plunging into the biggest trouble since 92.

In '92, IBM created the largest loss in the history of companies around the world at that time, nearly $5 billion. Back then, IBM was still PC's world champion.

Since then, IBM has announced its entry into the software industry, shifting the company's focus from hardware to software and services, and quickly becoming the world's largest software consortium.

It wasn't until 99 years later that Microsoft's overall size surpassed IBM's software group, squeezing IBM's software group into a second seat.

Coincidentally, Silver Mountain is now the fifth largest software group in the world, and the momentum is still strong. If you want to say that in two years, you have surpassed Tata Software and become the fourth in the world, and in five years, you have become the third in the world.

In other words, IBM's old roads, hardware, software, and services go hand in hand, with huge Asian markets and cheap manufacturing costs, and its competitiveness.

When Legend Liu said he wanted to work with IBM, Guo Shennar said yes without hesitation.

There were four people sitting in the room, Feng Yu, Liu Legend, Guo Shina and Peng Mingsheng, Samuel? Peng Mingsheng, also IBM's elected successor to Guo Shina, was the vice chairman of the board of directors and president of the company, and a second-in-command of IBM.

And Guo Shennar's contract expires next year. Guo Shennar is himself the owner of the largest tobacco company in the United States. He doesn't intend to remain in office and wants to go back to running his old business.

Guo Shennar is a legend that pulls IBM out of a muddy pool of massive losses, from a loss of five billion to a profit of three billion, in less than two years, while IBM has been profitable ever since. IBM's net profit exceeded $6 billion last year and is expected to peak again this year.

Guo Shennar wants to push IBM further before he leaves, so he can make a lot more money holding IBM shares. During his two-year tenure, he won more than three million shares in IBM, worth more than $300 million in the previous period, but now, only about $200 million. Although IBM's profits have been rising, its share price has inevitably fallen during this period.

IBM urgently needs a new stimulus to boost stock prices, such as… to re-enter the Huaxia market!

This cooperation includes not only technical cooperation, but also exchange markets.

IBM is going to be Lenovo's agent in North America, and Lenovo Group is going to be IBM's agent in Huaxia, or even across Asia.

Of course, for the time being, the scope of this cooperation is limited to PCs and does not include software. On the software, the difference between the status of IBM and that of IBM is still a bit large for the time being.

Needless to say, SAP was founded after the resignation of four IBM employees, and it further proves that what an IBM engineer is, it's not blown!

“Feng, Liu, I'm glad you came to IBM. Our cooperation will be very pleasant. It will be a great boost to our PC business on both sides.” Guo Zina smiled.

“Of course, I think IBM's PC in the future may return to the world's second largest sales.” Liu Huanzhi laughed and said.

As for who was the number one person in the world, his expression had explained everything.

“Liu, our IBM PC is very good quality and has a long life...” Peng Ming Sheng Yang Yang Sprinkled said the advantages of a half day IBM PC. In fact, the term PC was also proposed by IBM, who has always been a pioneer.

Unfortunately, the pioneers do not necessarily laugh at the end, just like the runs, they start fast and do not necessarily lead the way to the finish line, either quickly or halfway.

Liu Zhenzhi and Feng Yu looked at each other. Indeed, IBM was caught in the mistake that the longer the computer lasted, the better the mistake!

The biggest disadvantage of your IBM PC, especially your notebook, is that it's too resistant. Change it, the old one isn't broken. Don't change it, old speed can't keep up, it's very confusing.

And IBM is still pricey, the most expensive layer of the notebook ever.

The same performance notebook, IBM, sells twice as much as you think, how can it be sold in Huaxia?

What you've always wanted to build was a cheap computer that could get more people to use it. Computers should not be high-end products, they should be common in people's lives, positioned like phones, and become a necessity in people's lives in the future!

“No, I think if IBM is still this idea, then let alone in Huaxia Market, and in Asia Market, it's still hard to make a difference. This is a performance parameter comparison table that I have prepared, and the bottom line is retail prices, and I think you should understand why IBM's PC is getting less competitive.” Liu Xianzhi pushed two documents to Guo Shina and Peng Mingsheng.

The two of them looked at each other and picked up a document and just looked at the price comparison, they frowned.

……