Chapter 241: Nokia's Future, I've the Final Say!

Why didn't Apple in the other world build its own factory?

It's not that there is no factory, but all of Apple's products, from parts to assembly, are completed by foundries. This is completely unimaginable for a company that already has tens of millions of loyal users around the world.

Everyone knows that if you hand it over to someone else, the benefits will definitely be shared with others. Why not build your own factory without worrying about sales?

Wen Ming believes that this is related to the fact that Apple has no controlling owner.

Apple founder Steve Jobs once owned 30% of Apple's shares, but after financing and listing, his shares were diluted to 11.3%, which made Jobs completely lose the opportunity to control Apple.

When he was kicked out of Apple, he sold all of his shares in Apple in anger, and only kept a token of one Apple share. And after that, even if Jobs was invited back to Apple, he would no longer be the majority shareholder of Apple.

According to the Apple data in Wen Ming's memory, there are more than 2,440 institutions around the world that jointly hold 60% of Apple's shares, and the rest are also extremely scattered, and many are in the stock market.

As a result, no one or organization can claim to be in control of Apple. And Apple's decision-making power is on Apple's board of directors.

How is the Board of Directors structured?

The game between 2,440 institutions has formed the board of directors of Apple, and how many interests are involved in the board of directors formed in this way?

Investing in a factory is not something that can be solved by hundreds of millions of dollars or billions of dollars, only from the sales of all Apple's products, if you want to set up your own factory, so that you don't need the help of a foundry in the future, then you need to invest at least tens of billions of dollars to build a factory.

And the question is, where are those factories built? Who will be responsible for the construction of these plants? Once the plant is built, who will be responsible for running it? If there is no external OEM, if Apple's product sales decline, won't the factory be idle?

There are so many interest groups involved that these problems simply cannot be solved.

And why does Samsung Group have its own factory? In addition, if you can meet the needs of your own company's products, what about meeting the needs of other companies' products, including Apple?

Although there are many controlling persons in Samsung Group, more than 55% of which are controlled by foreign capital, Samsung has actual controlling persons. That is, the Lee Group, which can call itself the uncrowned king in South Korea, has a direct control of 5% on the surface by its head Lee father and son, and then through cross-shareholding, as well as pyramid structure shareholding by other members of the Lee family, agency group shareholding, etc., to the point where they truly control the decision-making of Samsung Group.

The other interest groups that own the shares of the Samsung Group do not have decision-making power within the Samsung Group.

Of course, there are many other reasons for these two differences, including Samsung's position in South Korea and other factors. But if Jobs were still alive and had a controlling stake in Apple, or real decision-making power, he would definitely have built Apple's factory.

Compared with Jobs, Wen Ming is undoubtedly much luckier.

So, he wanted to build his own Apple factory for a long time. Building a factory from scratch is the most troublesome and time-consuming.

"I'd love to buy Nokia too."

Wen Ming agreed with Cage's speculation, in fact, this was what he had really thought in his heart all along. If it was just for revenge, he could have waited a while and then Aaron Martin would have done it, instead of being so eager to do it himself.

How can the richest man in the world, who is worth hundreds of billions of dollars, kill people with his own hands?

It's not worth the price.

"So, I hope you can take this opportunity to take all the Nokia shares held by the three Nokia shareholders who have died."

Cage didn't have any surprises, he had guessed this before he came, and after hesitating for a moment, he said: "There will definitely be no problem in acquiring their shares, but one thing to note is that if we buy Nokia now, the price will definitely be much greater." ”

Nokia's market capitalization at this time is still $80 billion, and even if it continues to fall because of the death of three shareholders, it is unlikely to fall to another world, when Nokia was acquired by Microsoft, at $7.9 billion.

The price gap between the two is tenfold, which Wen Ming knows better than anyone.

Cage continued: "If we can wait a little longer for the second generation of the iPhone and Android phones on the market continue to encroach on Nokia's market share, then there is a good chance that Nokia's market value will fall below $50 billion in a year at most." ”

Rao is Wenming is very rich now, but most of his money is in the valuation of Apple and Tesla, and if the cash in his hand is removed from the $5 billion invested in Facebook, there is not much left.

It is obviously not enough to buy a Nokia that is still worth $80 billion.

Cage didn't directly say that the money was not enough, but he also expressed it euphemistically.

Wen Ming laughed and said, "Who said I was going to buy Nokia?" No, I mean, what about acquiring all of Nokia's businesses? ”

Cage was stunned for a moment, then said, "You mean, only acquire Nokia's 10 factories around the world?" Of course, I knew that this was the best fit, because the Nokia brand was of no use to us. Even, Nokia's sales channels around the world are not of much use to us now. However, Nokia can't just sell their factories to us, because they are not at the end of their rope yet, and they still need those factories to help them make Nokia phones. ”

Wen Ming was very pleased that Cage could think of so much, but perhaps because of the difference in position and wealth between the two, Cage didn't think fully enough.

"If we only ask Nokia to buy their factories around the world, then Nokia will definitely refuse."

Wen Ming smiled confidently: "However, if we put forward the proposal that because Nokia's sales have seriously declined, there is no need for so many factories, and there is no need to pay so many workers' wages every month. So, what do you think Nokia's shareholders will do? ”

Cage's eyes lit up and he said, "Well, it's very likely that they will agree to close a part of the factory, and the direct closure will have the most to lose." At this time, we can take ownership of those factories as shareholders of Nokia. Even if not all 10 factories are in hand, it's pretty much the same. ”

"And most importantly, if we do that, we can even pay a lot of money to the workers because those factories are about to close, and we have to ask for shares to buy those factories. As a result, we could either get a cash grant from the other Nokia shareholders at the time, or we could hold on to some of Nokia's shares and sell them before their market value was completely down. ”

Wen Ming nodded and said, "If we do this, although there will still be losses, compared to the time it takes to build 10 factories, we actually earn." And, when I took a stake in Nokia, do you think Nokia's stock price will rise? ”

Cage was stunned for a moment, then asked, "But if Nokia's stock price rises, what if other shareholders are unwilling to sell the factory?" ”

Wen Ming smiled: "At that time, I will have the final say on everything." ”

With the technology he currently has at his disposal, it is not impossible to bring Nokia back to life, but with the launch of a few new models, Nokia will be able to dominate the mobile phone industry again.

Exclude Apple, of course.

Although the sales of Apple mobile phones in the other world are very good, those Android phones are not very bad, take Samsung as an example, and it has also occupied the top spot in the global mobile phone sales list.

Let Nokia launch a mobile phone that was supposed to be launched by the Samsung Group, and withdraw after making a lot of money?

Still is...... On the premise of keeping Apple, build Nokia into an Android empire?

Wen Ming also needs to consider this problem.