Reborn in 2010, the AI in my mind is too powerful.
Chapter 176 Icahn's Tragic Ending Again
10 month 19 day.
GM Tower, Manhattan, New York, headquarters of Icahn Capital.
As usual, Icahn arrived at the office at 7:30 a.m. sharp.
There's a Bloomberg terminal in the office, but he rarely uses it.
After all, the actual control of the market is the responsibility of the traders below. He is the alpha wolf; all he needs to do is formulate strategies and identify targets.
The secretary had already placed breakfast on the table, along with a report on the status of each warehouse from yesterday.
He ate a hot dog while looking at yesterday's Apple stock price in a file.
The result pleased him greatly. Although the market value was still over 250 billion US dollars, Apple was now showing signs of decline.
After the news broke in May that Chen Yiran had rejected Apple, he began shorting Apple.
He continued to increase his holdings after that, and Apple's stock price continued to decline. In May, the stock price was 360, but by the end of June it was only 320. After the news of Steve Jobs officially stepping down as CEO came out in August, it had fallen to 300.
The entire Wall Street was waiting for Jobs' death, not because they believed that one person's influence could really be that great.
After all, Steve Jobs' health was still very poor in the previous years, and he gradually handed over various major tasks, while Apple's development was still very smooth.
But things are different now. Apple has developed its own chips for development, but it seems to be no match for Samsung.
The emergence of Doubao has also caused Apple to lose many users. Although Apple announced that it had reached an agreement with Doubao, the progress has been very slow due to Apple's closed system. Samsung users have been using Doubao for 4 months now, but Apple has not yet launched it.
At this point, the death of a key figure becomes a very heavy blow, and can even serve as a catalyst for increased short selling.
Icahn did the same, increasing his short selling after Steve Jobs' death.
On the morning of October 19th, Apple opened at 278. Wall Street generally believes that Apple's current market value still has room to fall, and it should be around 250 billion to be considered reasonable.
This sharp drop made Icahn a fortune.
He felt that this time he was finally not so unlucky, as his recent investments had all been somewhat unsuccessful.
Leaving aside the previous struggle with Chen Yiran, which ultimately resulted in a painful exit, the recent power struggle with Lionsgate Entertainment, which lasted three years, also ended in failure, resulting in a loss of over 3 million yuan and legal fees of over 2 million yuan.
He stopped paying attention to Apple and turned his attention to his other recent goal.
Clorox rejected his takeover bid in July, and now he is preparing to force his way onto the board of directors.
He stuffed ten of them in at once, turning the boardroom into his backyard.
He planned to spend the entire morning reading the detailed list of Clorox's current management team provided to him by the analysts. He needed to see who he could unite with and who had grudges against the current CEO.
It was 11:30 when he started to get hungry and was about to go out for lunch. His pretty young assistant rushed in, bursting through the door, and said anxiously, "Boss, something's happened! Something's happened at Apple!"
"What's going on?"
"At today's event at Apple headquarters to commemorate Steve Jobs, Chen Yiran made a grand finale appearance. He announced his joining Apple's board of directors and stated that he has accepted Jobs' legacy, received some Apple stock, and will reshape Apple's future."
Icahn quickly turned his face away and opened his Bloomberg terminal.
Open Apple's website, and you're greeted with prices that keep jumping up.
He glanced at Bloomberg's news section, where Apple's official announcement was at the very top: Tim Cook announced that Chen Yiran had joined Apple's board of directors, effective immediately.
The third paragraph of the announcement mentions that Mr. Chen Yiran has reportedly acquired 0.5 percent of Apple's shares through Steve Jobs' estate.
Apple is a mega-company that has experienced many ups and downs, with its shares changing hands several times. This figure is already very high for individual shareholders.
Undeterred, Icahn scrolled down further, and the news provided a complete account of what happened at Apple headquarters that day.
At 10 a.m. this morning, Cook gave a speech first, followed by the various executives.
Coldplay and Norah Jones performed, singing several songs, including "I Am Your Best Friend" from Toy Story.
As a conclusion, it commemorates Pixar's first film.
As Coldplay's lead singer left the stage, he said into the microphone: Go back to work. Steve Jobs would want you to do that.
Cook hurriedly went on stage and stopped the employees who were about to leave. He quieted the audience and then played the GG lyrics that Steve Jobs had personally designed in 1997, for crazy people. The version that was not used was the one that Jobs himself narrated.
"To the madman."
They are unconventional.
They were unruly.
They caused trouble.
They were out of place.
They see things from a unique perspective.
They dislike sticking to the rules.
They are also unwilling to accept the status quo.
You can agree with them, oppose them, praise them, or slander them.
But we must not ignore them.
Because they changed ordinary things.
They propelled humanity forward.
They may be seen as crazy by others, but they are geniuses in our eyes.
Because only those who are crazy enough to think they can change the world actually do so.
The atmosphere had been built up to this point, and the employees were already feeling a surge of self-satisfaction, as if they were filled with energy and ready to go back to work hard.
Several employees sitting near the restaurant started handing out drinks and shouting "Cheers!" before getting ready to go back to work.
Then Cook reluctantly and hurriedly went on stage again.
Chen Yiran went up on stage with them. He didn't give a long speech, but simply talked about Jobs' gift, and then continued to motivate the employees.
"Live to change the world!"
Don't your lives scream?
Let's make Apple great again!
We will use our last breath, spend all 800 billion dollars Apple has in the bank, to destroy Android. Because it's a stolen product, even if it means waging a thermonuclear war, we will bankrupt Google!
There was a few seconds of silence in the audience, then a tsunami-like roar erupted – the furious shouts of thousands of employees.
Apple employees hadn't felt this exhilarating feeling in a long time; a raw fighting spirit echoed throughout Apple headquarters.
Icahn rubbed his forehead, a hint of exasperation in his voice, and picked up the phone: "Tell all traders to immediately close all their Apple short positions and go long. Don't worry about the price; even if it's based on a market capitalization of $4 trillion, buy it!"
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