America: My Time
Chapter 714: Willing to Give Up
Chapter 714: Willing to Give Up
Chapter 704 Willingness to Give
As the internet cafe alliance expanded, more and more of its plans were noticed. Only then did they realize how brilliant John's schemes were. Originally, they had their eyes on Japan, but now they had to turn their attention to John's investments in semiconductors. At this time, John's investments in China also played a huge role. By transferring those components to China and taking advantage of the labor cost advantage, John naturally became unrivaled in the personal computer market.
The emergence of dance machines was a fatal blow to arcade games. Such a dramatic change occurred just as summer was beginning; how could this not cause concern, how could it not make those old-timers regret their decision? At this moment, they finally understood that their plan to acquire Game World was a mistake. Even with Game World, they lacked the ability to compete with John in the semiconductor industry.
The gaming market is already in such a passive position, and it will be even worse when the Christmas season arrives. They don't believe John won't take over the home console market. If new consoles enter the market, the impact on the gaming world will be even greater. This worries them all, but they have no way to change the situation. In just this short time, they finally understand that those guys in the gaming world have been belittling John, not because of his great abilities, but because of their inferiority complex. They feel they are incapable; John has always been the one driving the gaming world forward, and they are just echoing his words.
“Give up. We no longer have the ability to guide the development of the game world. When John the Fox’s home video game console re-enters the market, the share of the game world will decrease again. Let’s use this buffer period to give up most of our shares and reduce our losses.” Rockefeller sighed and offered his opinion. At this point, he had completely given up on the game world and no longer harbored any illusions. The appearance of the dance machine had shattered his beliefs and made him realize that in such a market, mindset was very important, and his own mindset was outdated.
"Are you willing to give up? This is an asset we acquired at a huge cost. If we just give it up like this, our losses will be too great, and it could even affect the entire semiconductor industry chain."
"Do you think we still have a chance to turn things around if we don't do this? Although I'm reluctant to admit it, I have to say that we are far behind John, that little fox, in terms of mindset. At the very least, we don't understand what those young people are thinking, and that's the biggest problem. Otherwise, we wouldn't have let the profits of the game world decline and let those guys from Japan take away a portion of our market share in such a short time after taking over the game world. Now, with the emergence of the Internet Cafe Alliance and the Dance Dance Revolution, the arcade market has already been taken away. If we don't give up, home game consoles will also be impacted. At that time, how much value do you think our shares will still have? Our losses will be even greater."
"Why don't we sell the game world back to that little fox John? That would lessen our losses, and with his abilities, I believe he can regain our share of the game market!"
When these words were uttered, Rockefeller's gaze sharpened. This guy was simply too arrogant. Did he really think John was easy to bully? They wanted to sell the game world back to John at this time? This was an absolute joke.
"If that's your idea, I have nothing to say. If you think it's okay, then go talk to that little fox John yourself. I don't think we still have the ability to sell the game world to John, and I don't think John will accept it. The game world is no longer what it used to be. How can John take over a game world that he can't control? If you're not willing to give it up, then keep it for yourself. I will choose to give up my shares. At least I can reduce the loss a little bit."
"Actually, we don't need to be so pessimistic. Although the gaming world has been impacted, the market is expanding. Moreover, we control the gaming platform and production capacity. Even if profits decline, we can still continue. At least we control the gaming world, which allows Intel and other semiconductor factories to develop."
"That's true, but our losses are too great. We've suffered too much for that semiconductor project. We can't let ourselves suffer such losses because of the White House project. Besides, I don't think the original semiconductor project could have succeeded. At least I don't see any hope for it now. In contrast, John, that little fox, has been developing at an unprecedented pace. That's what we should think about. He's the one we should learn from!"
"I agree with Rockefeller's decision to abandon the game world. At least we should give up a portion of our shares to mitigate our losses. Instead of spending time competing with that little fox John in the game market, we should focus our energy on the communications market, which is bigger and will greatly benefit us. Moreover, we are different from John; he is a lone wolf, while we are partners. Therefore, the losses shared among everyone are not too severe. Giving up at this time is the best choice. Perhaps giving up is the best path. Letting professionals manage the game world is the best way to develop!"
The truth is, these old guys interfered too much with the game world. If it weren't for their interference, the situation wouldn't be what it is today. Greed is the real reason, the root cause of the game world's downfall. It's impossible to salvage it now, since Japan has already seized the opportunity, and John is pressing forward relentlessly. The problems in the game world will erupt in full force.
Soon, these old guys reached a consensus, and the number of Game World shares on the stock market increased. They were all releasing some of their shares as planned, and this change naturally didn't escape Morgan's notice. "Heh, Rockefeller and his ilk have finally admitted defeat, realized their own limitations. They really thought the gaming industry was so easy to navigate, that they could do whatever they wanted just because they got Game World from that little fox John. Now they finally understand they were wrong, but it's too late. They've already paid a heavy price. Now they want to release their shares, but how many fools are left? It's laughable."
"Boss, they had no choice. The emergence of the dance machine and internet cafe alliance directly cooled down their arcade business. Arcade machines are a major weapon in the gaming world, and they also have to face competition from Japan. Under these circumstances, they had no choice but to do this, at least to reduce their own losses. I heard that someone even wants to sell the gaming world back to John. I have to say that the situation of the gaming world has become very dangerous, and it is time for a change."
"Who can blame them? It's because they were too greedy. If they hadn't had so many ideas when they took over the game world and had just let it develop on its own, none of these problems would have arisen. It's too late to regret it now. Trying to sell it back to John is a huge joke. If I were them, I would have sold the game world directly to those guys in Japan, anyone would have been fine, and I could have gotten a pretty good price."
"That's true, but they still harbor a glimmer of hope, still feeling there's a chance to turn things around. They've stopped interfering with the game world's operations, seemingly releasing their shares to reduce their losses, but they're actually unwilling to give up just like that, after all, they paid a huge price to get them."
"You have to give up something to gain something. If they were to sell the game world to Japan right now, both Panasonic and Hitachi would give them a satisfactory price. After all, neither of these companies would refuse such a benefit. By controlling the game world, they would have enough power to compete with Sony. Letting Japan and the others fight each other is the best option."
That's true, but making such a decision is not an easy thing. At least these old guys are still somewhat unwilling, and they are worried that handing over the game world to those guys in Japan will have a greater impact on themselves, especially Intel, which has been built up with great difficulty. Without the demand for orders from the game world, Intel's handling will be more dangerous.
Did Morgan not know this? No, he was perfectly aware of it. He just didn't think that doing so would preserve Intel's market share. Relying entirely on the gaming world and mobile phones was not good for Intel. It was time to let go, otherwise, bigger problems would arise, and the trouble would only get bigger and bigger.
"Jimmy, what is that little fox John up to? He's completely turned things around now. Dreamworld, Nvidia, and ASUS are all in a crazy profit-making mode. ASUS has finally turned things around. What will this guy be thinking now?"
"John is keeping a low profile right now, staying in San Francisco and not making any moves. His baby is due soon, and he's focusing all his energy on the unborn child, not doing anything else except for a few times when he goes to the Stanford library to study. However, I heard that Nvidia is planning a vacation in mid-October, and not only Nvidia, but that game company is doing the same. Even Dreamworld and Nvidia have made the same proposal and are discussing it now, which is very tempting to many people."
"October, the summer vacation is over. It seems that this guy is very confident about the summer battle. That makes sense. Judging from the current situation, neither the game world nor those guys in Japan can stop this from happening. They can't withstand the impact of the dance machine. Taking a vacation is a normal thing. This time, this little fox has arranged for him to stay at his resort hotel and resort. I have to say, this guy really knows how to make money. His method of transferring money from one hand to the other is really impressive."
(End of this chapter)
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