Chapter 938: Apple delisting and privatization
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In fact, as early as when Jobs returned to Apple in 97, Apple was drastically reduced, from more than 60 products at that time to four hardware products.
For now, Apple's hardware division is developing and investing in projects in four areas: computers, tablets, Walkmans, and mobile phones.
After the arrival of Li Feiteng, Apple inevitably experienced big fluctuations, and many engineering teams began to leave with resignation pay, some were fired, and some resigned voluntarily.
There is a small mountain of resignation letters piled up in his office every day, and what Li Feiteng has to do every day is to carefully read their resignation letters, look at their positions, past experiences and contributions to Apple.
This is also a kind of layoff in disguise, leaving the elite team, and those unnecessary projects will be undone by him again.
For example, Feiteng Electronics Group has made LP3 bigger, and Xiaolong mobile phone itself is going towards the future of iPhone, so in the Walkman and mobile phone project research and development personnel, he is not short of elite masters, like the personnel left by Apple, he should be laid off will naturally be laid off.
After a week, Apple's 14,000 or so employees were laid off by Li Feiteng by one-third, leaving only 9,800 people.
Subsequently, Li Feiteng hurriedly convened Apple's board of directors and announced the establishment of a joint venture holding company by Apple, Feiteng Electronics, and FTS, three large electronics companies.
For Apple currently has only one IBM outside director, plus Philip Lee's status and stake in Google. It can almost be said that the current Apple is a private company that goes public. And Li Feiteng is a "tyrant".
Jobs grew up as a "prodigy, bastard, tyrant." ”
And what about Li Feiteng. He was "a genius, a demon, a godfather, a tyrant." ”
The achievements of the two are almost the same, and they both eventually become tyrants, because Li Feiteng, like Jobs, has a vigorous and resolute approach, and does not consider other people's ideas at all, only needs to do what they think is right.
As for those who stop him, the end is embarrassing.
Eventually, after a long month of negotiations, it was mid-April. Holding companies of three large electronics companies were established.
The full name is "Apple International Investment Holding Group", referred to as Apple Holdings.
Li Feiteng valued 51% of the shares of Feiteng Electronics Group and 60% of the shares of Apple Group as 76% of Apple Investment, and FTSKANG joined it with 53% of the shares, becoming an important member of Apple Holdings, accounting for 23% of the shares.
In addition, IBM bought a 1% stake in Apple Holdings for $260 million in cash and became a third-party shareholder.
After the establishment of Apple Holdings, the board of directors was expanded to eight people: Chairman Li Feiteng, Vice Chairman Guo Taiming, Director Meng Xiangshan, Director IBM President and Co-Director Ru Linqi, Co-Director Wang Chuan, Co-Director Chairman Nanfu.
After this. Apple voluntarily delisted, and Apple Holdings acquired back all the shares circulating in the market. It was Li Feiteng who paid Apple's foreign debts and dividends over the years, announcing that Apple had become the world's largest multinational private company in the electronics industry.
After Apple's privatization, it was a big event for the whole world, a brand computer company actually completed the privatization so quickly, how much money did Li Feiteng pay?
It is said that Li Feiteng paid a total of $46 billion in cash, most of which was borrowed.
He can't possibly have 46 billion in cash.
The Wall Street Report commented: "King Lee is a madman, a gambler, who privatized Apple from the people, but it's hard to believe that he can get Apple back on its feet." ”
Huaxia Business Finance commented: "As the world's most outstanding overseas Chinese entrepreneur, Li Feiteng acquired Apple, completed privatization, and organized two large enterprises Feiteng Electronics and Fushikang to join it, which will provide more advanced technology for our national hardware industry and provide more employment opportunities for Chinese talents......"
……
Microsoft, Bill Gates used the computer to watch the recent Apple news, watching the big move of the legendary Chinese Chinese, and his eyes showed some uncomfortable expressions.
If it weren't for the fact that Apple has always had a monopoly case with Microsoft, and none of the people and companies in the industry want Microsoft to get involved in hardware products, Apple would have been Bill's a long time ago.
It's a pity that Bill's dream was stopped by Li Feiteng, so Microsoft can only secretly develop a tablet computer belonging to Microsoft with Dell and some hardware giants in Asia.
Bill thought he was very secretive, but he didn't expect to be discovered by Li Feiteng.
Now everyone knows that Microsoft wants to get involved in hardware when it does a tablet project again, and so does Philip Lee.
But the difference is very big, Microsoft is all about software products, it is an IT company.
Li Feiteng's Google Group is an Internet company, and the difference between the two is very big, Li Feiteng only focuses on the platform, while Microsoft has developed to the point where it has begun to seize the market in the software field, and has also greedily entered the hardware field.
This is a very obvious monopolistic behavior of Microsoft, as well as an illegal competition involving the commercial laws of the magnesium country.
What does illegal non-competition mean? For example, there is a company that originally only produced computers, but if the owner of the company wants to develop a computer operating system, this involves illegal competition, because he is a computer company and has robbed the job in the field of computer operating systems.
For multi-industry investment, magnesium country is strictly prohibited, like Microsoft, has been making operating systems, but began to make software products, and websites, and now also hardware, it can be said that Microsoft is a company that has established many enemies in the world.
And what about Li Feiteng? He's different from Bill.
Although the Google Group is huge, the company in the magnesium country is definitely based on portals, websites, and platforms, and most of the software is exported from independent branches in Asia.
In this respect, Google will not be involved in illegal competition, because Google is a development platform, including the Android Alliance, and the relationship with the world's software companies is very good.
As for Li Feiteng's acquisition of Apple, it has little to do with Google, because these are two companies.
Google is still Google, Apple is still Apple, if Apple and Google are merged together, it will be completely impossible, because these are two industries, and the magnesium country does not allow one company to be involved in multiple fields and form a super monopoly empire.
Microsoft is actually such a monopoly empire that involves many fields, so it will be very easy for Bill to make money, because he is constantly grabbing the jobs of all entrepreneurs in the world, and he is on the opposite side of many people's interests.
As for Li Feiteng, he is just the opposite, he uses an inclusive attitude, and he is a godfather in the true sense, not to use Microsoft's routine to become a big company, but to play the same role as angel investors like Warren Buffett and Masayoshi Son.
Such a person is destined to be able to gain people's respect and worship, and is also the most popular in the world.
Therefore, Apple has become Li Feiteng's private company, which is no problem for the people of magnesium country, including other industries, they also feel that it doesn't matter, even if Apple is strong, it is the efforts of others, rather than relying on the monopoly of other industries to become bigger.
In this regard, Bill will never be able to compare to Li Feiteng.
All Bill is very envious and jealous, but he can't help it, this is a shortcut that Microsoft can take, and he also has the strength to take this shortcut, but Li Feiteng can't, he is not a real Magnesium Country, even if he joins the Magnesium Country, he can't really walk in.
"Apple, Google, this Lee, is Microsoft's biggest enemy!" Bill Gates said to himself with emotion, he decided to speed up the development of hardware products.
As a new field, tablet PC has not yet formed a market field, and all enterprises can develop and produce it, because this is a new field, although it is also a computer, but as a new industry, it is not in the non-compete law.
Therefore, Li Feiteng is actually ready to let Google join the tablet hardware army.
Apple is making high-end tablets, while Google is going to make it popular, and it's a product for Google.
To put it simply, Apple has its own system, and the tablet it has made is also an IOS system, and the software is also produced by itself.
Google's products must be equipped with the Android system, the software is open source development, and all programs can be handed over to other companies to produce.
One is a closed field, and the other is destined to become the leader of the global free Android alliance, and Li Feiteng has fully exerted his monopoly and free cooperation.
For Philip Lee, Apple is the equivalent of another Microsoft empire, and Google is the equivalent of a free alliance company.
The former will earn him wealth, and the latter will earn fame and status, and earn the respect of people in other industries.
So, Time magazine recently published a photo of him, a photo of an angel with pure feathers and a clown mask.
Cover comment - He is "Angels and Demons", King Lee, like his famous book, has the angelic side of Google's global Internet godfather, and also has the other side of Apple's tyrant, and we have a hunch that Apple and Google will become the most influential and valuable business organizations in the next century.
This is the 12th time that Time Magazine has published Li Feiteng, and it has also broken two or three Guinness records.
"Jonathan Yves, I sincerely hope that you will stay and work for Apple."
"BOSS, it's not that we don't want to work for you, it's that we seem to have some conflicts with Jeebon and Studio Luo." (To be continued......)