Chapter 181 Share price cut in half
"You're not a good idea, Du."
The final talk was Mike Marcusa, who also has a high influence in Apple. Many of Apple's business strategies have his shadow. Faced with Duche's proposal to replace Jobs, he said: "Jobs has always done a great job. It is not a good thing for the company to remove him without reason."
Seeing Mike Marcusa coming to smooth things over, Duqi still said without hesitation: "In fact, Jobs and I are still good friends until now. I have tried to persuade him many times before, but he still insists on making Apple a closed system. In the high-tech industry, closure is not advisable. I firmly believe that only openness can win the future. Since Jobs is unwilling to open up, I have to use my methods to achieve my goal. All of this is just a necessary means to make Apple go to greater glory."
"But Du, you don't have to use such extreme means at all. Apple is developing well now, and the result of rashly changing its business strategy is unknown. Everyone needs to consider it carefully..."
"So the result of consideration is still to follow the wrong path? Instead of doing this, I might as well end it all." Duqi's mouth was filled with a sarcastic smile: "Since Jobs wanted to use the right to vote to reject my proposal, then let me use the same method to achieve my goal now. I agree with this proposal now. You can agree with it or object, but the result will not change, because I am the one who has the advantage now."
"Fake, Duchy, you damn bastard..." At this time, Jobs was excited and finally couldn't help but curse. Even a famous figure in his previous life was just a person. At this time, he swears without hiding, which was not unexpected.
Although he was in a good mood at this time, Duqi was unwilling to continue listening. After all, some words were really harsh, so he signaled slightly that someone soon came to Jobs and said, "Mr. Jobs, please pay attention to your words."
After a little conflict, Jobs calmed down again, but his eyes were still very bad at Duqi, and he whispered: "Duqi, you will soon regret doing this. Apple has leading technology. Opening up will make the company lose its technological advantages, and you will ruin the company!"
"No matter what you say, it is me who owns the controlling stake now, and the company is the final say."
Knowing that it would be useless to stay here, Jobs simply left, and before leaving, he couldn't help saying: "I'm waiting to see the day when you fail!"
"What a pity, at least you can't see that day." Du Qi said in his heart as he saw the other party leave.
After Jobs left the board of directors, Du Qi continued to say to other directors: "Okay, let's continue our board of directors now. The next second topic is the candidates for new managers and some adjustments to senior management..."
Since he had already broken up, Duqi began to adjust the company's personnel without any scruples. Duqi had already made plans for these, and when the equity had an absolute advantage, other shareholders were unable to stop it.
The handover of Apple was completed in just half a month, and 30% of the middle and senior management were replaced. Unwilling to see Duches continue to be angry at the board of directors. Jobs made the same choice as in his previous life, selling the Apple shares in his hand, leaving only a stock of daily newspapers used to receive Apple.
Duqi is also more at ease about this. After all, both sides are now tearing apart, and it is impossible to reconcile in a short period of time. If they have to see Jobs every time they hold a board meeting, both of them will be embarrassed.
The company's policies have also begun to be adjusted, held a press conference, announced personnel changes, and at the same time changed Apple's business strategy, indicating that Apple's operating system will gradually become open and select the right software provider as the partner.
Faced with the sudden changes, Apple's stock price began to fall. Jobs' departure and the changes in business policies were interpreted as bad news by the outside world. Many media even claimed that their previous success made Duqi proudly expand and embarked on the wrong path, and Apple would soon be destroyed in Duqi's hands.
Not only ordinary investors, but many investment institutions are not optimistic about Apple's changes this time. Many investment institutions choose to reduce their holdings in Apple's shares. All of this has prompted Apple's stock price to fall. In just half a month, the company's market value has decreased by 17.9%, and it seems that there is no stop trend.
Many directors hope that Duches will stop the reform, recall Jobs, and even some investment institutions will join forces to secretly take over the shares, as if they want to compete for control of the company.
In response, Duqi presented documents that had received more authorization from the "shareholders", saying that he had controlled more than 50% of the voting rights, completely letting these people give up their last efforts and jointly gain control of Apple.
At the same time, as these "bad news" continue to appear, many media magazines have reported bad news about Apple, including some of the shadows of Apple competitors.
Now it was not just shareholders, but many investment institutions began to fall into panic and became concerned about Apple's prospects. They cashed in on their shares in Apple, which also caused Apple's shares to continue to fall.
Regarding the decline in stock prices, Duqi not only did not have the idea of announcing some good news to respond to investors' confidence, but instead played a role in fueling the trend.
Originally, there were not many shares on the market, and the stock price was easily affected. After many investment institutions began to release stocks, few people dared to take over.
Duqi returned to Los Angeles and stayed on the farm for two weeks. After the Spring Festival, Apple's market value had been cut in half, and Duqi's apparent wealth shrank by hundreds of millions of dollars.
However, Duqi didn't care much. It was all book wealth. As for the loan, it had already been paid off. The fluctuations in the stock price did not affect his control over Apple. Instead, it increased the circulation of Apple's stocks on the market. Even if the stock price was low enough, Duqi planned to absorb more shares himself.
I firmly believe that Apple's development will be better in the future. As long as you maintain an absolute controlling stake, acquire part of it when the stock price is low, and when the situation is good, you can cash out this part of the shares to make profits.
Now that the stock price has halved, it can basically be said that it has fallen to the bottom. Taking advantage of this opportunity, Duqi asked Apple to postpone the launch of its newly developed personal computer and the second-generation graphics operating system, and then secretly began to absorb Apple's shares.
Chapter completed!