Applied Physical Systems' revenue last year was just over 500 million, and this year that number has increased by more than 40 percent to more than 700 million. In terms of revenue alone, in less than four years, the Applied Physical Systems Company has grown into a more powerful company than the Magic Seven Company. But if you want to compare the net profit, the two are not much different. This situation occurs, on the one hand, because the application system company in order to seize the market, the products launched by the company are mainly low-margin products, and on the other hand, the company in order to expand production and invest a lot in research and development, resulting in a large number of profits being occupied, which is why the profit margin is so ugly.

However, this situation is only temporary, and with the complete digestion of the picture tube technology from the Dumont Laboratories, the company's own picture tube production department has been able to produce and design large-scale picture tubes completely in-house. The production capacity is formed, and the popularity of the SONY brand has been opened, which gives the company the spare power to develop the product line to the high-end. In the meantime, the net profit of the applied physical system company will return to the level of windfall profits that the industry should have.

SONY TV's brilliance has attracted everyone's attention, and many people have almost forgotten that Applied Physical Systems is not just a TV - it also has three products: kitchen appliances: electric cooker, rice cooker and microwave oven.

However, neither in terms of scale nor attention, they can't be compared to television. However, as products proposed and even invented by Evan Warren himself, Wells certainly did not dare to really forget them.

What's more, they actually perform pretty well.

After overcoming the technology of ceramic pots, the electric cooker won the gold medal again at the International Home Furnishings Exhibition, and was warmly welcomed by housewives after being introduced to the market, and the sales volume in winter has exceeded 30,000 units/month.

After field testing with Phoenix restaurants, the microwave oven was launched as a commercial product for the back of the restaurant, with prices ranging from $1,000 to $3,000 per unit, depending on the capacity. The price is not low, but with the efforts of the publicity and sales staff, the effect is not bad. Within six months, microwave ovens became popular in restaurants in the Los Angeles area and then spread to San Francisco.

In the end, more than 200 microwave ovens were sold this year. Although the general ledger has not yet reached the breakeven line, the microwave oven project team led by Spencer is very happy and full of confidence. In Spencer's words: "If the product can be sold, it means that they are not on the wrong path, and this is only a market in California, as long as the market in other states is developed, it will definitely not worry about making a profit." ”

After talking about the Applied Physical Systems Company, it is Aegis and Xerox that are pulled down.

Because of the special business of Aegis Company and the fact that the general manager Vidak himself is not good at words, he gave up time to Xerox after just a few sentences of general introduction to the company's vigorous development of business.

Reporting on behalf of Xerox was Chester Carlson.

Carlson had a ruddy complexion and was full of energy when he reported. A discerning person can tell at a glance that Xerox has recovered from last year's loss.

Last year, Carlson was confident that he wanted to make the photocopier a hit. The reality is that it is only half done, and the photocopier has achieved the "sound of cannons", but it has not brought the "red" profits it deserves.

The reason for this is the frighteningly high failure rate.

In order to turn the situation around, Carlsen threw himself into improving the accuracy of production, which had previously been neglected, and began to improve the development of models. For this, he even had most of his hair gray.

Thankfully, the hard work paid off.

This year, the improved Xerox Model B copier with a greatly reduced failure rate was launched, and with the market policy of trade-in, as well as the further sufficient after-sales maintenance team, the copier market has turned around, and Xerox has instantly turned from last year's loss to profit.

Xerox not only turned losses into profits, but also because of the accumulation of photocopying technology, firmly grasped the market of electrostatic copying technology, and effectively limited the development of competitors. For example, RCA, because the patents are in the hands of Xerox, have to take out a lot of patents for exchange.

After Carlson's report, it was the turn of applied semiconductors. However, because the applied semiconductor company is only in its infancy, the input is more than the output, and the relationship of time is concerned, Evan Warren has dealt with it in a few words.

At the noon buffet, everyone gathered in groups of three or five, chatting while eating, and the atmosphere was relaxed.

Because of the company's listing, Davidson has become the focus of attention, and the people chatting with him are inseparable from the stock price.

Evan as the BOSS is the same, either asking him how the stock price will develop after he goes public, or he is concerned about how the money raised will be distributed.

Evan did not give answers to these questions on the spot, saying that they would be discussed in the afternoon.

At half past one in the afternoon, the end of the year-end meeting of the Council entered the second half.

At the beginning of the meeting, Evan, who was sitting in the main seat, announced that the first theme was to determine the development plan of each section for next year. The plan is proposed by each director and commented by everyone, and according to the plan, Evan will give different amounts of support from the funds raised by the listing of the magic seven company. The total amount of this support will be around $20 million.

As soon as Evan's decision was announced, all the other directors except Davidson couldn't help but red-eyed.

They did already know that Evan would withdraw funds, but they didn't expect the amount to be so huge, accounting for almost half of the funds raised by the Magic Seven Company's listing.

The number is large, and the competition is fiercer.

The order of speeches was the same as in the morning, with Davidson still the first and the most relaxed.

Because he didn't compete for that $20 million.

"The Magic Seven Company will go public on February 1, 1951, and more than 20 million of the funds raised will be freely used. Part of the funds will be used for the expansion of the publishing business and the building block business, and the other part will be invested in a new project. The project is a multi-party partnership, with the Walt Disney Company at its core. Because the project is still under negotiation, I won't say much about the specific content here. ”

After Davidson started, it was Carl who spoke.

"Next year, the applied health care company will make full efforts on the product Pampers and enter the over-the-counter drug market, coupled with the investment of the research institute, it is still not expected to be much profitable. In addition, I was planning to acquire a hospital, so I ......"

Carl's words were so straightforward that he almost said he wanted money.

The other directors listened and looked at Carl dumbfounded.

Hey, hey, hey, you're a director, don't you even want face in order to ask for money?

After some discussion, Carl got the reply: "Except for the suspension of the acquisition of hospitals, everything else is allowed, considering the financial situation of the applied health care company this year, and the difficulty of pharmaceutical research and development, I will give you an additional 5 million yuan." ”

Hearing this result, the directors who did not speak later were stunned, and then immediately changed their original way of speaking, and all of them were learning from Carl.

Oh, if you can get money, what kind of face do you need.

。 m.