The richest man starts with a blind box

Chapter 381 Yahoo Doesn't Buy Apple

"That's right, that's true!" Jobs nodded, and then asked with full vigilance, "Then I don't know what the chairman thinks, should I be responsible?"

"Of course we have to be responsible!" Little Swift nodded.

"Okay, then give me a few more days, and I will resign after I complete the sales of ipod..." Jobs thought that the sales of ipod3 should be quite good, and he could save himself from the edge of the cliff, anyway. After the launch of ipod3, everything will take a turn for the better...

"So I hope that Mr. Jobs can undertake the next work of additional issuance!" Swift said.

"What...you mean additional issuance?" Jobs was stunned and asked subconsciously.

"That's right, it's additional issuance. I think this is the best way to solve the predicament!" Little Swift laughed. "First of all, additional issuance can expand Apple's capital capacity. Apple currently has a total share capital of 10 billion shares, and we can face the stock market. Issuing 2 million additional shares, based on the current stock price of 12 US dollars per share, 2 million shares can be exchanged for 24 billion US dollars in cash, which is enough for Mr. Jobs to allow Apple to continue to thrive!"

"Mr. Swift, do you really agree with us issuing additional shares?" Jobs looked at Swift in surprise, somewhat puzzled by the other party's thoughts.

Because for investment companies like Swift Jr., the thing they hate most is probably issuing additional shares.

The so-called additional issuance of shares means that the company decides to issue an additional batch of shares to shareholders or the stock market in order to obtain more operating funds.

And these stocks are the same as the original stocks, which will inevitably reduce the stock price and the equity held by investors.

Take Apple as an example. At present, Apple’s total share capital is 10 billion shares. Swift Jr. holds 5.5 million shares, which is equivalent to owning 55% of Apple’s shares.

Once 2 million additional shares are issued to the stock market, Apple's total share capital will increase to 12 billion shares.Western Mustang Company has changed from holding 55% of Apple's equity to 45.8% of the equity, and directly lost nearly 10% of the equity, from the original absolute holding to the largest shareholder.

Although the Western Broncos should still have a firm grip on Apple's control, if the board of directors unanimously opposes, then the Western Broncos will still have problems.

However, this is in the eyes of the investment company. After all, they have no intention of intervening in the company's daily operations. The most fatal blow to the investment company is the change in the stock price.

If there is no major good news for Apple at this time, so that shareholders' valuation of Apple will rise as a whole, that is, if Apple's valuation remains unchanged, as the total share capital increases, the skeleton will definitely be diluted.

Previously, Apple’s stock was worth $12 per share. After the issuance of 2 million additional shares, the stock value will drop to $10 per share, which is equivalent to the income of the investment company, directly reducing the level of two dollars per share.

And Western Broncos owns a total of 5.5 million Apple shares. A loss of two dollars per share is equivalent to a loss of $11 billion. For any company, it is an unimaginable disaster.

So it was hard for Jobs to imagine that the Western Broncos would take the initiative to propose the idea of ​​letting Apple issue additional shares.

"I know what Mr. Jobs is thinking, but in fact, this is also good for our company!" According to what Huang He taught himself, little Swift said, "In fact, our company is now facing a big problem. This problem It will seriously hinder the company's stock price from continuing to rise!"

"Oh, what's the problem?" Jobs didn't care much about this kind of financial literacy, he just wanted to keep people from interfering with his control of Apple.

"It's just that there is too little liquidity!" Little Swift said frankly, "According to our survey, there are only about 1.5 million shares left in circulation on the stock market, but those that are actually traded on the market every day are probably There are only hundreds of thousands of shares!"

"However, the demand for Apple shares in the market is around 3 million shares. This shows that there are still many investors who want to buy Apple shares, but there are too few shares in circulation. If you buy them forcibly, it will increase the purchase cost!"

"This has caused both institutions and retail investors to wipe out a lot of enthusiasm for buying stocks. If we put 2 million shares into the stock market at this time, it will greatly alleviate this situation. At the same time, because the desire to buy is high, so I think that after the additional issuance of shares, the stock price will only drop slightly, at most to about $11, and it will never drop to $10, after all, Apple’s stock price is still rising in general!” said Swift Jr.

"In addition, there is a third benefit, which is convenient for us to cash out!" Little Swift said very bluntly, "In a few months, it will be time for us to pay the first fund income, and the company needs funds to pay this sum.”

"The best way is naturally to sell some of Apple's shares, but the problem is that 55% of Apple's shares are concentrated in my hands. If I sell my shares aggressively, it will inevitably cause turmoil in the entire Apple stock price. It is possible to return the stock price from $12 to the original position of $[-] or $[-] a share, and this is a situation we cannot afford.”

"So I want to increase the number of stocks that can be circulated on the stock market, so that when our company's stock is sold, it will not cause a large-scale shock to the stock price, and keep the stock price within a controllable range!" Little Swift He expressed all his thoughts very simply.

"I see!" Jobs was a smart man. Although he was not very interested in finance, he could still understand what Swift said. It is indeed in Swift's favor.

And although most investment companies are unwilling to issue additional shares, there are still dozens of additional issuance cases every year, and they are basically facing the same predicament as Little Swift.

"Besides, there is one last reason, but this reason is a personal reason, and Mr. Jobs needs to keep it a secret for our company!" Little Swift said slowly.

"Why?" Jobs asked curiously.

"I don't know how our company's server demand is now?" Little Swift asked suddenly.

"The current server is sufficient, but there will be gaps every year, and it is estimated that there will be gaps in server resources soon!" Jobs did not understand what Swift meant, but he said truthfully, "So according to the usual practice, within a month We will purchase a batch of servers in the future, with a total purchase amount of about 5 million US dollars. It is mainly to meet the storage needs of iTunes, as well as some other network services provided by our Apple!"

"5000 million is too little!" Little Swift waved his hand and said, "Now that ipods are selling very well, the Apple Store will put a lot of resources on the shelves and update a lot of user information every day. I estimate that the demand for the service area will explode next year. growth, how to put it, we should also prepare about 3 million US dollars of servers!"

"3 million, this is the usage for the next 6 years!" Jobs frowned and said, "According to the current development trend, the computing power and storage capacity of servers will continue to rise in the future, but the price will drop slowly instead, so it is best The best way is to continuously purchase the latest and highest servers according to the annual demand, instead of purchasing 6-year servers in one go!"

"That's not necessarily the case. I read the latest imac plan, which is an extremely large plan, and the demand for servers will be even greater!" Little Swift said.

"This is just the usage of a software store, it won't be too big!" Jobs said.

"Oh, what if it's an Apple mobile phone? That product that has applied for the brand iPhone!" Little Swift said slowly, Jobs suddenly widened his eyes, and looked at Little Swift in disbelief. This guy can actually see When it came to the iPhone, did I underestimate this black man?

"Sir, you keep asking about servers. Could it be that your last reason is that you want us to purchase servers worth about US$3 million?" Jobs squinted his eyes and pondered for a while, then suddenly realized.

"Hehe, I was actually seen through by you, sir. Well, let me tell the truth. I recently fell in love with another company and planned to invest in him."

"But this company needs a blockbuster business to open up the product market, so I hope to be purchased by Apple!" Little Swift was really sincere, and he directly understood his thoughts.

"So that's it!" Jobs had a smile on his face, and all this explained the pain. It is impossible for the Western Broncos to hang on one of their own stocks all the time. They need to develop a second investment company, so borrow the agreement with Apple Deal, let Apple purchase the server of this company, it can give this small company a fairy start.

Of course, Apple will definitely suffer from this deal. The quality and price of the servers obtained by this small company are estimated to be quite bad. Under normal circumstances, no company is willing to purchase, so Little Swift must convince Apple. to purchase.

Although Swift Jr. owns the control of the company and is the chairman of the company, everyone at Apple knows that Apple is now Jobs' Apple. It is still a purchase of up to 3 million US dollars, which will definitely cause a fierce rebound from Jobs.

When things get serious and insider trading breaks out, little Swift will probably be investigated by relevant units.

So little Swift must get the cooperation of Jobs, but how can he make himself agree to such a thing?
There is only one way, and that is to satisfy his desire for more funds, and help Apple get 24 billion US dollars of liquidity through additional issuance for Jobs to use to his heart's content.

Then it is a harmless thing for little Swift to take 3 million US dollars out of it to purchase a batch of slightly inferior servers.

This is a very authentic and authentic business compromise. Although Jobs is tough, he is not rigid. It is impossible for him to refuse this condition. After all, if he refuses, the remaining 21 billion US dollars will be gone.

"I can agree, but I hope that through public bidding, I won't be caught off guard. Moreover, the price/performance ratio of these servers can't be too bad, otherwise I won't agree to purchase!" Jobs said.

"I also completely agree with this point. Don't worry, the server this time is actually a good product with high quality and low price. It's just a new brand that no one knows!" Little Swift said with a smile.

(End of this chapter)