Chapter 1419 (1/2)
On this trading day, Apple's share price is still falling.
The opening price was $5.47, which fell below the $5 mark in an hour. In the afternoon of local time in the United States, a technology media officially revealed that jobs resigned as CEO of apple. Once the news was released, it caused market panic again. The stock price fell sharply in a short time. The lowest stock price in the market fell to $4.23.
In order to save the decline, apple issued an urgent announcement, in which Tim Cook, who is in charge of sales management, was appointed to take over jobs as the new CEO of apple. Tim Cook, 43, said that he has worked for IBM and Compaq for many years and joined apple for five years. He has strong personal ability, hard quality and knows apple like a finger, which will lead apple out of the haze.
Jobs recognized Tim Cook very much. Five years ago, when Tim Cook joined apple, jobs invited him to join. In recent years, jobs has been training Tim Cook as a future successor. At this time, apple let @ come out to rescue, and people familiar with apple are not surprised.
But consumers didn't expect much from Tim Cook. Apple's share price only rose a little, and ended up at $4.53.
Another day of slaughter.
Share price and market value are down 17% in one day, which makes people feel cold.
At the end of this trading day, Apple's market value is only 4 billion dollars. Although all the actual bad news has been exhausted, if Apple can't find a real way to save the decline in the business line, with the continuous loss of investor confidence, Apple's stock price will continue to fall in the future for some time.
This kind of decline, like cutting flesh with a blunt knife, is bound to be a long and endless pain and nightmare.
……
The first thing for Luis Martin after arriving at the hotel is to immediately hold a conference call with the headquarters of Sequoia. Sequoia is very concerned about every move of Li Mu at this time. Especially, they feel that Li Mu may have plans to launch a multi billion dollar level commercial acquisition, so they are more eager to know what he really thinks.
Louis Martin reported the whole process of meeting with Li Mu to the Redwood board on the other end of the phone in detail. At last, he concluded: ”although I don't understand the value of apple to pastoral technology, Li Mu's determination to eat and make apple is really strong. When he said that he wanted to privatize apple, I could feel his excitement 。”
Sequoia senior management of capital operation most proficient in a big guy surprised to say: ”what do Li Mu like about apple? Apple's really profitable product lines have been killed by him. Now apple is a mess. Compare all of its business lines with that of Makino technology, and you will find that Makino technology doesn't need apple at all;
the unique business lines of Apple don't help Makino technology's existing industries, and their own profitability is very weak and sustainable The R & D cost is very high; and the overlapping part of apple and Makino technology will definitely be a burden for Makino technology in the future. Even if Apple is priced at 5 billion US dollars for privatization acquisition, there are at least 1 billion US dollars in the value of the two industrial chains, iPod and iTunes. What's the significance of Li Mu's buying these two industrial chains back? ”
All Sequoia executives fell silent.
No one can think of the problem.
Why does Li Mu buy apples?
With Li Mu's shrewdness, it's impossible to see the hole in it. To buy apple is to buy back a huge, unprofitable mess. Li Mu can't keep iTunes and iPod, or he will fight with himself, but iTunes and iPod have nothing to digest. He can only use them when he buys them back, which is a waste Money.
As for Apple's other business lines, it really doesn't make sense.