Chapter 441 Financial Statements
The Williams Charitable Foundation and the Williams Family Foundation were established successively, and everything began to get on the right track.
Princess Ulysses runs the charity fund, and it is indeed well organized.
She often brushes up Henry's fame, and the effect is outstanding. Henry doesn't have to worry about some people saying that he is rich and unkind, and he doesn't know how to do charity. Because Ulysses is still a princess, it attracts the attention of the media, and it also makes the people who are helped especially grateful to her and Henry! For example, if an ordinary person helps you and the president of the country helps you, who will you be more grateful to?
1998 has passed.
The financial statements of Henry's major companies have also come out.
His personal finance team sorted it out and emailed him.
This year, many companies lost money, some because of excessive investment, such as SpaceX, Alpha Robotics, Super Energy, Super Materials, etc., and some companies were affected by the bursting of the Internet bubble, such as Facebook, YouTube and many other Internet companies. Other companies make more money, though.
Apple is doing well, despite the Internet recession, but the products iMac, iPod, iBook are still selling well, plus iTunes, sales of up to $35 billion, profit of more than $8 billion!
Cisco, on the other hand, has seen its sales decline since the dot-com bubble burst, with sales of only $40 billion this year and a profit of less than $6 billion.
Williams Electronics was affected by the dual impact of the Internet and the Asian financial crisis, and the electronic components were unsalable, causing great losses. But fortunately, Williams mobile phones are still selling well, and Nokia mobile phones and Motorola mobile phones have become the three most popular mobile phones in the world. In addition, Williams pagers are sold in China, South America, and Africa, and they also make a lot of money. Total sales reached $78 billion, and profits were $12 billion.
More and more people use mobile phones, not only mobile phone manufacturers make money, Qualcomm, as the holder of CDMA patents, but also develops its own cmda chip, naturally makes a lot of money, making a profit of 7 billion US dollars. Qualcomm, which has huge capital, is actively developing 3G technology, investing billions of dollars every year, accounting for 60-80% of profits. For Qualcomm, Henry does not ask for dividends at all, and all the money is used to develop technology, develop 3G as soon as possible, and then develop 4G networks.
It is cool to use a mobile phone to surf the Internet smoothly at any time, and when the time comes, the mobile phone will broadcast live or something, and it will be a big cake!
The mobile phone-related industry also includes the mobile phone system, more than half of the world's new mobile phones are using the Symbian system, and more and more mobile phone manufacturers are joining the camp of the Symbian system. Nokia was originally a shareholder of Symbian Systems, and his ambitions were as good as his and he actually wanted to buy Symbian Systems. He acquired a 15% stake from Samsung, bringing the stake to 35%, making him the largest shareholder. Williams Electronics also owns only 25 percent of the shares. Nokia immediately launched a buyout of the management of Symbian Systems, but fortunately Williams Electronics got in the way, which did not succeed. The management of the Symbian system was "left and right" between Nokia and Williams Electronics, much to Henry's displeasure. If it weren't for the fact that Apple's iOS system had not yet been developed, Henry would have asked Williams Electronics to sell the Symbian system!
Because the iOS system relies on hardware, the iOS system cannot be completed until the multi-touch display comes out.
At present, Immersion and Williams Electronics jointly developed a multi-touch technology display screen, although it has not succeeded, but it has accumulated a lot of technology, which has been applied for patents and can kill other mobile phone manufacturers in the future. In addition, the design of the iPhone has been patented by Henry. In recent years, there have been too many patent trolls, and some companies draw a random diagram and then apply for a patent, and maybe they will be pitted by other companies in the future. As far as Henry knows, the shape patent of the Apple mobile phone has been sued by many patent trolls, and it is annoying!
In 1998, C-Cube became a company that attracted worldwide attention. In February 1998, the DVD technology was developed, and the DVD standard was soon formed in cooperation with a number of large international companies. Once the product was launched, it was very popular, quickly replacing VCDs and video recorders in Europe and the United States, and almost swept the trend, shocking the industry. In 1998, sales reached $15 billion and profits exceeded $3 billion.
There are too many companies, and if the financial statements are printed, they are almost as thick as a textbook, but the loss is that Henry reads the book relatively quickly, and it takes half an hour to read them all.
However, the most profitable ones are banks, hospitals, biological and genetic drugs, games, film and television, and communications.
Williams Bank of America, Standard Chartered Bank, and the Royal Bank of Scotland have net revenues of up to $40 billion, and Henry, as a major shareholder, can share at least $30 billion.
Henry has nearly 1,000 hospitals in the United States and 1,600 hospitals abroad, making a net profit of more than $55 billion a year, and Henry only has an absolute controlling stake in these hospitals, so most of them only hold 50.1% of the shares. As a result, more than $20 billion can be earned.
The gene umbrella company is powerful, and Henry has to sweat for the world, if it is used to do evil, it can develop N kinds of biological gene viruses in minutes. At present, the company employs more than 250,000 people, and a new drug is produced every two days, accounting for 40% of the drugs that can be used commercially.
Medicines worth $1 can be sold for at least $10 in pharmacies or hospitals, and the profits are extremely high!
In 1998, Gene Umbrella's sales exceeded $200 billion, which was the envy of all pharmaceutical companies! And the company's profitability was very high, with a net profit of $60 billion.
In terms of games, Firefly Games has produced many major works this year, "Warcraft 3", "Diablo 3", and "CS Counter-Strike" has also been developed, plus other games, sales exceeded 40 billion US dollars, and profits were as high as 10 billion US dollars.
Galaxy Pictures made $10 billion this year, and ABC Television made $5 billion.
Williams Telecom made a net profit of 9 billion.
(To be continued.) )