Chapter 574: Massive Loans
"Jobs, do you think we can cope with the coming crisis if we take out a large loan to provide food for the winter?"
Li Lin asked tentatively.
He was vague and avoided the term subprime mortgage crisis.
Although some people can now see the hidden worries hidden under the good news, whether it is the Wall Street consortium or the American elite, the estimate of the crisis is insufficient.
In their eyes, the crisis will only affect real estate and real estate-related industries, and perhaps the banks that provide financial support for real estate, but it will definitely not form a crisis that will sweep the United States and affect all walks of life.
They don't even think about the fact that a new economic crisis is taking shape.
"Looking for a bank loan?" Jobs on the other end of the phone frowned, this is a good way to borrow a sum of money to use as the company's reserve funds, even if there are changes in the future, it can also enhance the ability to resist risks.
But......
Jobs was hesitating.
The interest rate of a commercial loan is definitely not very low, and the interest on this kind of loan alone is enough to make the average business under huge pressure to make money tremblingly.
Although Apple's iPhone is a cash cow, it is still a lot of pressure in the face of the huge interest rate of the bank.
If there is a real crisis in the future, it is okay, the money can be used in the end, even if the interest is paid, it is worth it, but I am afraid that there will not be a crisis in the future.
When the time comes, Apple will incur a lot of interest that needs to be paid, and he will also be in pain.
"Yes. Find a bank loan. Li Lin heard the silence on the other end of the phone for a long time, and thought that Jobs was thinking about it, so he hurriedly lobbied. According to what you said, the US stock market is not normal, and there is a high probability that a crisis will erupt. â
"Not to mention how much this may be, once a crisis breaks out, there are eggs under the nest, if there is no money to ensure that the apples can survive the winter, I am afraid that the apples will be knocked down in this crisis."
Li Lin paused. "As for the interest on the bank, you should be clear that in the face of the crisis of possible deposits. The bank's interest is negligible. â
"After all, the gold-absorbing process of the iPhone, I guess you won't underestimate it!"
Underestimate?
Of course not.
How hot the iPhone is now, he, the founder of Apple, knows very well, almost every day. There are a lot of dollars flowing into Apple's pockets. No one will doubt the iPhone's ability to attract money.
They will only wonder when Apple's stock will surpass Nokia, and when Apple will become the hegemon of the global mobile phone market.
It's like a touch when Apple launched its personal computer.
History repeats itself.
"You're right." Li Lin's words made Jobs completely determined, Apple's current finances are very healthy, but health does not mean that there will be a zĂ i, if a crisis really breaks out, even if Apple's report is wonderful. In the midst of a crisis, there is a danger of falling.
In fact, many companies that have fallen into economic crisis are financially healthy.
"We need to borrow a lot of money from a bank in the United States to deal with a possible crisis." Jobs thought for a moment and said, "What do you think is in the current situation." Which bank will lend to us? â
"Given Apple's financial situation and iPhone sales, do you think there will be banks that won't lend us money? Especially now that the market is in full swing and banks have not yet tightened their monetary policy. Li Lin asked rhetorically, with the current prestige of Apple, as long as he says that he needs a loan, large and small banks in the United States will immediately come to him, and even banks like JP Morgan will show a flattering smile to get this business.
When Jobs asked such words, he was clearly testing himself.
Hey......
Jobs smiled awkwardly and was silent on the other end of the phone for a few minutes before he said leisurely, "How much do you think we can borrow?" â
"The more the merrier." Li Lin said without hesitation: "No one knows how big the future crisis will be, so we need sufficient capital reserves to deal with the upcoming crisis." â
"In addition, I personally would also find a bank loan of a large amount of money to buy a company that I already had my eye on."
He's talking about Universal Movies.
Since his cross-shareholding with Universal Films, he has always wanted to take this film company into his pocket, and in Hollywood, almost all other film companies have owners.
Columbia and MGM were acquired by the greedy Sony, Warner Bros. has always been a subsidiary of Time Warner, 20th Century Fox is Murdoch's News Corp. film company, and Paramount is owned by Viacom, all of which have deep pockets.
Needless to say, Sony's pride in Japan is as high as Samsung's status in South Korea.
Although AOL Time Warner will face a breakup in the future, they have never had the idea of selling Warner Bros.
Murdoch's News Corp. has a reputation for not being short of money, and it is almost impossible for them to abandon 20th Century Fox.
As for Viacom, it did decline after the new century, but the dead camel was bigger than the horse, and it was too difficult to convince them to sell Paramount.
Not to mention Disney, who have never been traded.
Of the Hollywood Seven, only Universal Pictures has been traded again and again, and the group that rules Universal Pictures has never shown its ambitions in the film industry.
Whether it's Vivendi or Coca-Cola or the future GM, they have never set foot in the film market in the true sense of the word, which is very different from Sony, AOL, Time Warner, News Corporation, Viacom Corporation, Disney Corporation.
Sony has shown its ambitions for the entertainment industry as early as the last century, and over the years, Sony has been committed to the development of the entertainment industry, and AOL Time Warner and News Corp. are both media groups. Film is one of the core businesses, and Viacom Group is not a media group through and through, but their business also covers the media.
Needless to say, the Disney Group. Although there are theme parks, the basis of their survival is the movie, whether it is an animated film or a live-action film, they are always able to fully exploit its profit points.
Only the group behind Universal Cinema will regard movies as a tool to make money, rather than as a core business.
Money-making tools and core business, although there is something in common. But it's definitely not the same concept.
It can be said that film is the core business of the media group, and the media group also needs film
And in the future. Media conglomerates are becoming more and more influential, and even the gang of financial vampires on Wall Street need to turn to media conglomerates to help them wipe their ass.
"The company you've already fancied?" Jobs asked curiously, "What company makes you so interested?" By the way, if you want to buy a company, I'd better hurry up. As far as I know. The U.S. Foreign Capital Management Board seems to be asleep, and scrutiny of some overseas mergers and acquisitions has stopped. â
"That's very good news."
The U.S. Foreign Capital Management Commission will investigate every foreign acquisition of a U.S. company or company, and if they find it inappropriate, they will put a big cross and terminate the merger.
Although under normal circumstances, the U.S. Foreign Capital Management Commission will not lightly interfere in capital mergers and acquisitions, because the U.S. market has always advertised itself as free.
But in practice, the U.S. Foreign Capital Management Commission is more casual, if they are in the process of mergers and acquisitions. I'm afraid that all my efforts will be in vain.
"It's Universal Pictures."
Li Lin does not hide his goals, he believes that Jobs, a collaborator, will not be idle to reveal his goals. "As for what you said, it's good news, but unfortunately I don't have enough money right now to complete the acquisition of Universal Pictures."
"You know, in the current situation, Coca-Cola will not let go of Universal Pictures lightly."
Of course, it will not be light.
Now Universal Pictures is the cash cow of Coca-Cola, how can they let it go lightly, and it is only in the subprime mortgage crisis that Coca-Cola will abandon Universal Pictures because it has to deal with the risk of possible deposits.
And at that time, Universal Pictures sold at as low a price as possible.
And now that it is less than a year away from the subprime mortgage crisis, Li Lin just needs to wait.
"How much money are you going to borrow?"
Jobs changed the topic, he was not interested in Universal Pictures, Apple has always flaunted high-tech, and he Jobs is synonymous with high-tech, movies, and high-tech have something to do with it, but it's not so close.
He was more concerned about how much money Li Lin wanted to borrow.
"Maybe I can support you some, as long as you're willing to sell Apple stock." Jobs laughed.
At the beginning, he and Li Lin planned together to target Apple stocks, Li Lin was in the light, he was in the dark, although he absorbed some stocks, but compared to Li Lin, who directly bought stocks from Wall Street funds, it was a little inadequate.
At that time, he lacked sufficient funds, and at the same time, because he had to hide himself, he could not sweep the stocks in the market unscrupulously.
By the time the financial pressure eased, the iPhone sale pushed Apple's stock price to a price he hadn't imagined before.
What's more, Apple's stock is constantly rising, and everyone is grabbing the stock in their hands, except for the stocks circulating in the market, after the iPhone is released, no board member has ever sold the Apple stock in his hand, not even intended.
Even if someone asks, the answer is 'not for sale'.
It is almost impossible for him to buy back Apple shares at a low price.
So he set his sights on Li Lin.
"I need more than $8 billion in loans, Mr. Jobs, are you sure you have one?" Li Lin said teasingly. (To be continued......)