lcionline Chapter 598: Everyone Rebelled, Apple Was Besieged on All Sides
Chapter 598: Everyone Rebelled, Apple Was Besieged on All Sides
The three people's attitudes are completely opposite to their previous ones, which speaks for itself.
Cook smiled bitterly: "I didn't expect... Even you guys want to betray Apple! Even Apple's three largest shareholders want to betray Apple! Haha. That's great, very good!"
The three of them looked at each other, feeling very embarrassed, but they had no choice but to explain:
"Mr. Cook, this matter is rather complicated. The three of us are naturally fully opposed to it and will resolutely boycott any cooperation between AT&T, Verizon and Xingyi Technology."
"But unfortunately, most of AT&T and Verizon's other shareholders support cooperation with Xingyi Technology."
"Yes, the three of us together only hold about 20% of the shares, and we can't withstand the combination of other shareholders."
"Especially now that T-Mobile, Sprint, and some small operators have reached cooperation with Xingyi Technology and are all going to make Xingyi contract phones and Unlimited contract phones, AT&T and Verizon are also worried that if they continue to resist cooperation with Xingyi Technology, they will lose a large number of users, a large amount of market share, a large amount of profits, and even lose their dominant position and be surpassed by T-Mobile and Sprint!"
"AT&T and Verizon cannot accept this, and neither can other shareholders. We have no choice."
"In fact, it's not just AT&T and Verizon's other shareholders who can't accept it. Even within Pioneer Navigation, there are disagreements. To be honest, many shareholders of Pioneer Navigation have begun to support cooperation with Xingyi Technology."
"The same is true within BlackRock, where many shareholders have turned against it."
"State Street Bank's investors are also the majority of shareholders who support cooperation with Xingyi Technology."
"If we continue to boycott, eventually Vanguard, BlackRock, and State Street will still support cooperation with Xingyi Technology, and AT&T and Verizon will still reach cooperation with Xingyi Technology. The only difference is that the three of us will be dismissed collectively, that's all."
"!!!" Cook's mouth twitched, full of disbelief:
"How could this happen? Vanguard, BlackRock, and State Street, you are the three largest shareholders of Apple. How come most of you support cooperation with Xingyi Technology?"
Cook couldn't figure it out, he couldn't figure it out at all.
I felt extremely aggrieved in my heart. Being abandoned by the major shareholder was so painful!
For their own interests and to make money, other shareholders of AT&T and Verizon support the cooperation with Xingyi Technology.
But Vanguard, BlackRock, and State Street are not only major shareholders of T-Mobile and Sprint, but also the first, second, and fourth largest shareholders of Apple. Shouldn't they fully support Apple?
Why do shareholders who support cooperation with Xingyi Technology account for the majority?
This is unscientific.
Totally unscientific.
Cook's face was livid, and he felt abandoned by the whole world.
Other senior executives at Apple were also confused and puzzled.
At this time, Apple Vice President Perry Field spoke up: "It's for risk hedging!"
Hearing this, Cook's face turned extremely pale and he understood everything in an instant.
Risk hedging!
At this stage, T-Mobile and Sprint have reached cooperation with Xingyi Technology. Even if AT&T and Verizon continue to confront and resist cooperation, it will have little impact on Xingyi Technology.
There are two major operators, T-Mobile and Sprint, plus other small and medium-sized operators, as well as Amazon, Walmart, and Xingyi International’s own channels, which are enough and will not delay the global sales.
But in this case, without the Xingyi mobile phone contract phones, AT&T and Verizon will lose a large number of users, lose many markets, suffer heavy losses, be surpassed by T-Mobile and Sprint, and their stock prices will plummet!
Although Vanguard, BlackRock, and State Street are all major shareholders of Apple, they are also major shareholders of AT&T and Verizon.
They don't want AT&T and Verizon to lose users, see their profits decline, or have their stock prices plummet.
Is it because of Apple that it continues to prohibit AT&T, Verizon and Xingyi Technology from cooperating, causing AT&T and Verizon's profits to decline and their stock prices to plummet?
Or give up Apple and support the cooperation between AT&T, Verizon and Xingyi Technology to preserve AT&T and Verizon's profits, market position, and stock price?
This is a big problem!
As a result, disagreements arose within Vanguard, BlackRock and State Street.
Some people still firmly support Apple, believing that Apple is more important and that it is worth it even if AT&T and Verizon suffer heavy losses for Apple.
But more people remain opposed, and even many major shareholders who once firmly supported Apple have begun to waver.
They also think that Apple is not up to the task and may not be a match for Xingyi Technology. Even if they fully support Apple, they will still lose in the end and will not be able to withstand the internationalization of Xingyi mobile phones.
Eventually, Apple's profits will be cut in half and its stock price will plummet.
The only difference is that in addition to Apple's heavy losses, it also lost the two major communication giants AT&T and Verizon, causing even greater losses.
Instead of doing this, it would be better to change their attitude, give up defending Apple, and let AT&T and Verizon cooperate with Xingyi Technology.
In this way, even if Apple suffers heavy losses, AT&T and Verizon can maintain their dominant position and make huge profits by cooperating with Xingyi Technology.
Vanguard, BlackRock, and State Street only suffered losses on Apple, but made huge profits on AT&T and Verizon. As a result, the overall losses were much smaller, and some even made some money.
It can also be considered as risk hedging!
Should they hold on to the end and suffer losses on all three investments of Apple, AT&T and Verizon, or should they choose to hedge the risks and ensure profits for all parties?
Any shareholder with any brains knows how to make the choice.
But in this way, Apple becomes a discarded pawn!
"I see." Cook looked gloomy, and understood everything completely: "What a risk hedging!"
"Alas! The situation is hopeless!"
A sigh of helplessness.
Not to mention AT&T and Verizon, even Apple’s three major shareholders have begun to waver and have lost confidence in Apple. Instead, they have given up on Apple and turned to bet on cooperation with Xingyi Technology to hedge risks!
In this way, the four major operators in the United States will all cooperate with Xingyi Technology to produce contract-customized phones. The internationalization of Xingyi mobile phones will no longer be curbed, and Apple will be doomed!
But Cook didn't want to give up and asked again: "Have AT&T and Verizon already contacted Xingyi Technology? Have they even reached an agreement on cooperation?"
The three representatives said nothing and just remained silent.
Cook's face became even uglier. How could he not know that silence was affirmation?
In this situation, if it were not the case, they would say a few words of comfort.
But now nothing has been said, which can only mean that it is not just a matter of contact. The contract may be signed soon, and even how to cooperate has begun to move forward.
"Let me ask you again, it's not just AT&T and Verizon that have reached cooperation with Xingyi Technology, right? Also Best Buy, eBay?"
The three of them continued in silence, their faces looking extremely awkward.
They know that although these collaborations have not been officially announced, they are a done deal.
The simplest reason is that, as a large supermarket chain, Walmart has reached a cooperation with Xingyi Technology to launch a series of products including Xingyi mobile phones and Wujie mobile phones. As a rival, how can Best Buy not take action?
Can they continue to watch Walmart, which is already more powerful, win more users and leave Best Buy far behind?
This is definitely not possible!
Best Buy disagrees, and all shareholders disagree.
Even if Vanguard, BlackRock, and State Street are opposed to cooperation, other shareholders will unite to promote cooperation.
What's more, it has come to this point that Vanguard, BlackRock, and State Street are also considering abandoning Apple to hedge the risks.
It can be said that the result will be the same as AT&T and Verizon. Best Buy will also reach a cooperation with Xingyi Technology as long as Best Buy does not want to fall further behind Walmart.
The same situation exists in the e-commerce field.
Amazon, the largest e-commerce giant in North America, has reached an all-round cooperation with Xingyi Technology and launched Xingyi mobile phones and borderless mobile phones worldwide.
How dare eBay, which is not as good as Amazon, refuse to cooperate?
Do you still dare to watch a large number of eBay users download Amazon and become Amazon users in order to buy Xingyi phones and Wujie phones?
This is absolutely impossible!
Therefore, eBay, like Best Buy, AT&T, and Verizon, will also join in the cooperation with Xingyi Technology.
But if this happens, Apple will be in big trouble!
despair!
Deep despair!
Cook sat down on the ground, his eyes dimmed to the extreme.
The other senior executives also had gloomy faces and looked lonely.
Deep despair enveloped the entire Apple headquarters, and there was no power to struggle.
Vanguard, BlackRock, and State Street, as investment institutions, have invested not only in Apple, but also in AT&T, Verizon, eBay, and Best Buy.
Even if Apple suffers heavy losses, AT&T, Verizon, eBay, and Best Buy can still make huge profits through cooperation with Xingyi Technology.
As one gains, another loses. Vanguard, BlackRock and State Street hedged their risks and limited their losses.
But Apple is in big trouble and has no way out!
After more than half an hour of silence, Cook finally stood up.
He is not the type to give up easily:
"Although the current situation is cruel and severe, we are not without any chance, and we cannot just sit there and wait for death."
"At least, the Xingyi mobile phone has just started to go international and has not yet been officially launched globally, while our Apple mobile phones have been sold globally for many years."
“That’s our advantage!”
"A core advantage that Xingyi Technology does not have."
"What we should do is to fight Xingyi Mobile with all our strength instead of surrendering and waiting to be killed!"
Hearing this, everyone nodded and rekindled their fighting spirit:
"Yes, we are too pessimistic. Xingyi Mobile's internationalization journey has just begun. We still have a chance."
"The most important thing is that we have no way out and can only go all out."
"We defeated Nokia, which had been glorious for 20 years. We still have hope against Xingyi Technology."
"That's right. What we should do now is not to be dejected, but to respond proactively. Let's all think about how to take action!"
Seeing this, Cook's face became much better: "As for how to deal with Xingyi Technology, it's actually very simple, price war!"
"Since Xingyi Technology will be listed globally in three days, we will start the big promotion the day after tomorrow, no, tomorrow!"
"All products are reduced by 500 again!"
"Before the Xingyi mobile phone is launched globally, we will directly promote the iPhone in a big way to grab the majority of users first."
Hearing this, everyone nodded:
“There is no such thing as a product that is not good enough, only a price that is not beautiful enough. As long as the price is right, the iPhone 5 can also sell well.”
"Yes, the iPhone 5S is not as good as the Xphone 3, but as long as we lower the price much more than them, we will be able to sell well."
"iPhone 5S and xphone 3 were launched at about the same time, and their prices are similar. Ours is 5288, and they are 5499 with free membership. Now the price of xphone 3 is still as high as 5299, while our iPhone 5S has been reduced to 4500 after several price cuts. Now we will reduce it by another 500, directly to 4000!"