Chapter 590 - Eyeing Nokia with Warren Buffett!

At the time when Huaxia used big brick big brother, American mobile phones under Nokey, big brother became smaller and smaller, the cost was getting lower and lower, the price of mobile phones was rapidly reduced, and the number of mobile phone users would increase greatly.

In the nineties, mobile phones were not yet universally available to everyone, but in ninety-eight years, Nokia sold an astronomical figure of 100 million mobile phones, surpassing Motorola in one fell swoop and becoming the world's mobile phone boss, with a market value against the sky.

However, Nokia is still struggling to choose its main business.

Because of the current Nokia mobile phone business knowledge and one of its diversification projects, Nokia mobile phones account for 15% of its main business.

Now Nokia is in a very serious predicament, because of diversification, many businesses are loss-making, causing Nokia's stock price to continue to be sluggish, and the company is in trouble.

Nokia started as a wood pulp mill, and later produced leather shoes, operated a tire and rubber factory, and manufactured cables.

At the time of the manufacture of cables, the electronics department was established, with light and electricity transmission as the core of development, and at that time, semiconductor technology was moving from the laboratory to industrialization, and Nokia laid the foundation for the future mobile phone empire.

But now the company is in chaos, and one faction is the Shaozhuang faction that advocates abandoning the wood, pulp, leather shoe covers, rubber, and business that Nokia had made in the past, leaving only a few main businesses.

One faction, that is, the Nokia veteran class, of course, is not happy, in the past they were making wood pulp, leather shoe covers, rubber, and now young people want to abandon their former meritorious careers, naturally not happy.

The company is on the cusp of transformation and non-transformation, and now that the veteran of the old faction is the president of Nokia, it is obvious that he will not abandon his former meritorious career.

As a result, the industry is not optimistic about Nokia, and coupled with its economic problems, Nokia's stock price has plummeted.

And Li Jun knows the ups and downs of Noki's future, and this is a perfect time to speculate on Nokia, because Nokia will not be controlled by the patriarchal faction.

In the next year, Nokia's economic losses have been very huge, and it is almost time for the company's life and death to enable Noki's young Zhuang faction.

As soon as he took office, the CEO launched a new strategy of professional development centered on mobile phones, selling the original group's paper, tires, cables, household appliances and other businesses, or spinning them out, and even reluctantly cutting off the TV production business, which has one of the largest TV production plants in Europe, and compressing these businesses to a minimum and concentrating 90% financial and human resources to strengthen research and development of mobile communication equipment and multimedia technologies.

Nokia has thus entered the phoenix nirvana stage, and the new decision-makers, with their keen grasp of the development trends of the mobile communications industry, have seized an excellent opportunity to prepare Nokia's easy-to-use digital mobile phones at a time when other companies are still intensifying their research on analog technology.

Nokia phones are specially processed for different frequencies and standards around the world, and at the end of the nineties, the world's mobile phone demand entered a period of rapid growth, and Nokia, which was already fully prepared, made a leap forward.

The first GSM in the world was launched, and it was also the world's first mobile phone that could send and receive text messages, helping Nokia completely complete the transformation to the mobile phone industry.

Then came the first auto-slide phone, which was simply cool and high-tech at the time.

In 1996, it released a mobile phone that can be connected to the Internet, and added the function of sending and receiving faxes and emails.

In 1998, the world's first mobile phone with built-in games was launched, with a built-in snake game, which later became a recruitment game for Nokia phones and the beginning of mobile games.

Nokia became the first mobile phone in the world to sell more than 100 million units, and Nokia's stock price has climbed to the peak.

Became one of the largest companies by market capitalization at the time.

In this process, it will be an opportunity for Li Jun to speculate, when Nokia enters the peak stage, the gloves appear, and the first person to leave, then his profit will be extremely huge.

After entering the new world, Nokia has been going downhill, smart phones have replaced it, and it has fallen into a state of slump, Nokia that can't be broken is worth having in the short term, and it is a loss of underwear if it doesn't dare to do it in the long term, and after reaching the peak of the mobile phone industry, Nokia has become a giant who does not want to forge ahead, and then it has become a dwarf in the smartphone industry.

The Chinese girl Zhou Ying, as her secretary, is fluent in Chinese, and Li Jun also takes her with her, and she is more familiar with the United States than herself.

She has a great talent and is extremely perceptive, and she seems to know something about her boss who pays special attention to Nokia.

"Boss, Nokia's performance is not good now, and many people are selling this company's stock in fear, so this company has been falling, hitting new lows repeatedly, and you seem to be paying special attention to it, you are ......"

"Hehe, I do want to buy Nokia, you will find out later that your boss likes to be greedy when others are afraid, buy it, fear when others are greedy, and sell it. ”

This year is not only Li Jun eyeing Nokia, there is also a person eyeing Nokia, Buffett is studying the current story of several companies engaged in communications around the world, and found that the proportion of Nokia's mobile phone business in the Nokia Group is increasing year by year, and other businesses are not only poor performance, but also facing collapse, in the communications industry, it and Motorola competitors' annual reports, he came up with Nokia's mobile phone in the competitive advantage......

This man with sly and intelligent eyes is now a legend in the United States, and of course, it will be the future generations, he has 60 billion US dollars, plus 20 billion US dollars donated, together, Li Jun remembers that it seems to be 500 billion yuan.

At the age of 26, Buffett accumulated $9,800, which he then planned to set up a stock investment company, raised $100,000 from relatives and partners, and in two years that money became $300,000, five years later it became $7.2 million, and two years later it became $22 million, and his personal wealth reached $4 million in ten years.

The U.S. bull market is coming, and the funds in hand have become 100 million in three years, and Buffett has 25 million US dollars in his own. When the stock market triumphed, Warren Buffett informed his partners that he was going to retire, and he liquidated almost all the shares of Buffett's partners, successfully escaping the stock market crash that began in 1969 in the United States.

Ten years later, Buffett was worth $200 million, and in 1980, he bought a 7% stake in Coca-Cola at a unit price of $10.96 per share. By 1985, Coca-Cola had changed its business strategy and began to withdraw money and invest in beverage production. The unit price of its stock has risen to $51.5, a fivefold increase. As for how much money was made, the amount was staggering to investors all over the world.

Warren Buffett became a billionaire, you must know that it was $10 billion in the early 90s! In China, wages were tens of dollars a month at that time.

Now Warren Buffett keenly senses that another Coca-Cola is coming, and Nokia will cut its other businesses, mainly in communication mobile phones......