Chapter 748: Bill Gates Asks to See
Dell announced that it is ready to enter the Pangu compatible machine market, and as soon as January 93, the Dell brand Pangu compatible machine will be launched. ”
"Sony's stock price soared 7% as Pangu opened up the standard for compatible machines. Sony became the first batch of compatible machine manufacturers, and Sony's management said that Sony currently has a display and CD-ROM business, and once it produces its own Pangu compatible machine, it will not only make a profit from the whole machine, but also stimulate the shipment of Sony's display business and CD-ROM business. ”
"Siemens' stock price fell 1%, as the first batch of Pangu compatible machine manufacturers, the market believes that the emergence of more Pangu compatible machine manufacturers will affect the growth of Siemens' computer business. ”
"Lenovo, the largest sales channel agency company in Pangu Computer China, announced its transformation into a compatible machine manufacturer, and in January 93, the first batch of Lenovo brand compatible machines will be sold in Beijing. ”
After the opening of Pangu's computer technology standards, domestic and foreign technology companies have announced their preparations to enter the Pangu compatible machine market. Stimulated by this good news, many consumer electronics, computers, semiconductors and even Internet companies in the United States, Europe, and Japan have seen a wave of upward trend.
In particular, investors in the Japanese market have been tortured miserably in the past three years, and they have lost money and have doubted the extent of their lives, the market, and the world. After this wave of good news, technology stocks rebounded, and many investors who suffered heavy losses couldn't help but shed old tears.
In the U.S. market, the stock prices of companies that are not in the Pangu camp such as IBM have fallen, while the stocks of companies that have been touched by the Pangu concept have risen.
Although, at present, it seems that Pangu computers have shipped more than 100 million units per year, and the market space for continuous growth is not necessarily high. But even so, many compatible machine manufacturers are convinced that they can not only bite the cake of the incremental market of compatible machines, but also bite the cake of the stock market.
After all, the official Pangu computer has a limited number of models per generation, and it cannot meet the needs of a more detailed market. Office, audio, video, games, mapping, networking, music and other different purposes, users actually have a focus. For example, some users only need a stable office environment for simple office purposes, and for such users, they don't need a better graphics card, after all, the graphics card is mainly for rendering or games, so they need to configure a relatively high-end graphics card. For office users, it is better to cut the budget of the graphics card and spend the money on the solid state drive, a larger capacity solid state drive, so that the system and office software run more smoothly, and the experience can be improved immediately.
There are also some users who can't afford a minicomputer and want to replace the minicomputer with a cheap and beautiful Pangu computer for graphics-related work. Such users not only need to give them the best CPU, but also, graphics cards, memory modules, solid-state drives, etc., have to be piled to death, anyway, no matter how much they are piled up, it will not be more expensive than a small computer.
Of course, the most popular thing for computer manufacturers should be gamers, because the game market has higher and higher requirements for quality, and it also forces game manufacturers to develop new games, and the hardware requirements are getting higher and higher. As a result, the computers of gamers who play top-notch games are not only hardware higher than the average computer user of the same era. In order to play the best games, you naturally need the best CPU, the memory slots need to be full, and the graphics card needs to be on the highest end. Once the hardware can't keep up with the latest game masterpieces, then many gamers may throw away the high-end computers that are actually far ahead of the mainstream configuration for several years, and replace them with stronger platforms.
Most mainstream computer users use computers as household appliances for more than 5 years, and the hardware configuration is completely unusable, and even maintenance is no longer cost-effective, so it is better to buy a new computer before being forced to change to a new computer.
However, some players who pursue high-quality large-scale games are basically chasing Moore's Law, 18~24 months, the manufacturer's hardware has been updated, and the computers of hardcore players have also been replaced with new platforms, and they are basically top-of-the-line.
All in all, compatible machine manufacturers all over the world are confident at the beginning, thinking that they have the opportunity to become a leader in the new market.
……
"Mr. Lin, it's a pleasure to meet you. Shortly after the Pangu Technical Standards Open Conference, Bill Gates specifically asked for the opportunity to meet alone.
Lin Qi nodded and said: "I know your Microsoft company, I am also a shareholder of Microsoft, and I bought about 20% of your company's shares." ”
"Yes, it is Mr. Lin who is the second largest shareholder after me, so I am talking to you about business as the major shareholder of Microsoft, and this business may bring a lot of growth in equity investment income!"
"Oh, I want to hear about it. ”
Such a ...... Although Microsoft has been profitable for three consecutive years, investors are still not optimistic about our future prospects. The main reason is that we have a large number of competitors in our gaming and office businesses, and investors do not believe in Microsoft's ability to achieve sustained growth or even maintain profitability. Bill Gates said a little unconfidently, "The operating system is different, our Microsoft is the operating system company with the second largest number of users in the world, second only to the Pangu operating system." ”
As he spoke, Bill Gates looked at Lin Qi, obviously learning to read words and colors.
"Well, you go on. Lin Qi said.
"Microsoft's growth is doubted mainly because our system can only rely on PC users. Pangu computer users, who occupy the other half of the market, do not use our Microsoft operating system. Bill Gates said, "I'm not saying that I want to snatch the dominant position of Pangu OS in Pangu's computer operating system. I just hope that Pangu Computer Market can install our operating system, so as to give investors a little room for imagination, not need to have a high market share, do not need profits, just give them space to think!"
Microsoft benefited from the NASDAQ market's pursuit of technology stocks, so it successfully listed on the NASDAQ market in '86.
However, due to Lin Qi's interference, the scale of Microsoft is much smaller than in its original history. Originally, Microsoft at the beginning of the 86 IPO should have 200 million in revenue and a market value of 1 billion US dollars.
However, due to Lin Qi's factors, Microsoft's initial operating income was only $130 million, and its total market value was only $500 million. Since the listing, Microsoft's R&D investment has reached, and although its revenue is growing, it has lost money for three consecutive years, and its market value once fell to less than $100 million.
Lin Qi also didn't know if Microsoft would go bankrupt in this era, but he still decided to spend $20 million to buy a 20% stake in Microsoft.
Stumbling into the end of '92, Microsoft's market capitalization has not only stabilized and recovered, but also recovered to $2 billion. Lin Qi casually copied the bottom and made nearly $400 million.
Of course, compared with the original historical Microsoft, Lin Qi still feels that the current Microsoft company is too small in scale.
If it weren't for the advent of Pangu computers, Microsoft might have relied on operating systems and office software to make money and cramps. At the end of the 80s, the market value exceeded 10 billion US dollars, and in the mid-90s, it exceeded 50 billion US dollars. At the end of the 90s, during the NASDAQ bubble, Microsoft's market capitalization also hit a record market value of more than $600 billion.
Of course, due to historical changes, Microsoft's fundamentals and investors' expectations are also different from historical. At this stage, Microsoft's market value is only $2 billion, and it ...... Although it claims to be one of the world's two mainstream operating system companies, the market is not optimistic about the operating system business. Mainly because, the Pangu operating system is free. Microsoft's operating system has to grit its teeth and sell at a low price, resulting in the annual sales revenue of the operating system, which can barely maintain the cost of R&D investment for the technical team.
Slightly more profitable are the office software and gaming software businesses. Although the year 92 is not over, Microsoft is expected to make a profit of $50 million, of which 20% is from office software, and the other 80% of the profit is from game sales. What's even more embarrassing is that more than 70% of Microsoft's game business is generated on the Pangu platform, and its own IN operating system is still far from being compared with Pangu.
"Okay, I see what you mean. Lin Qi nodded and said, "The IN operating system can be installed on the Pangu platform, and after we open up the technical standards, we will allow hardware and software manufacturers to develop related products, including operating systems." ”
Subsequently, Bill Gates said excitedly: "Thank you Mr. Lin for your understanding! Don't worry, as long as I release the news, Microsoft's stock will rise." In the future, if the IN system and Pangu PC version are listed, it will further stimulate the stock price. Our ultimate goal is not to challenge Mr. Lin, your company's market share, just to stimulate the stock, and then sell the stock at a higher price to cash out. ”
......Originally, Bill Gates, who lived in another time and space, would sell 1% of Microsoft shares every year, and gradually reduced his holdings to a negligible level. The reduced holdings of stocks are used for investment and injected into charitable funds. Although, most of the charitable funds in the United States are set up by wealthy families to avoid taxes. But anyway, it's a little bit more forceful than the current Bill Gates.
The current Bill Gates has never been the richest man in the world, and it is estimated that he will not have a chance in the future. Therefore, the pattern and momentum seem to be much more LO than Bill Gates in Lin Qi's memory.
For example, Bill Gates in Lin Qi's memory is obviously harvesting leeks, and he is also injecting money into his charity fund with the money from cashing out Microsoft shares. Obviously, the scale of charitable funds is very small, most of them are equity investments to obtain more benefits, and the degree of greedy speculation in the financial market is no less than that of any giant crocodile, but it is in the name of a charitable fund, which seems to be justified.
Therefore, Lin Qi feels that a person's pattern is determined by the scale of wealth.
If a person's wealth reaches the level of hundreds of billions of dollars, then the thinking is not about continuing to make profits, but about fame and, even lower, passing on the wealth to future generations. In the U.S., charitable foundations are a wealth inheritance model with very low taxes and more stable benefits than corporations. As long as you promise that the family foundation has been doing charity, then you can be exempted from inheritance tax inheritance, and all operations can avoid many taxes. And the charitable fund that is in charge of tens of billions or hundreds of billions of dollars, even if it cannot nominally distribute dividends and make profits. However, it is very simple to arbitrage benefits, such as...... Establish a financial investment company, entrust the assets of the charitable fund to it, and collect management fees every year, 5 thousandths, 1 percent, and 2 percent per year, basically depending on the mood.
Therefore, Lin Qi couldn't help but feel funny when he saw those institutions that did the same thing as financial investment institutions, but put on the shell of a charitable fund.