Chapter 2141： Roadshow invitation
Chapter 2129: Road Show Invitation
Microsoft has never been weak in making money.
Their WIN86 operating system, the cheapest personal ordinary version, is 1000 US dollars.
The next elite version for small companies is $ 2,300.
The enterprise version of the last large company is as high as $ 5,600.
In the United States that focuses on intellectual property, such a price is very high, but you consider that hundreds of Microsoft engineers work hard all day long, and finally only such a product comes out, and you can understand why they will Sell the Windows operating system so expensive.
The key beauty. Chinese, or Europeans, have no habit of saving!
They think that there is definitely a reason for the pricing of the merchant. If I have money and need it, I should buy it.
Speaking of these, these people are really simple.
If all the consumers in China are such consumers, why worry about the profiteers who use various methods to create so many artificial foods and toxic foods?
Of those unqualified products that appear on the market, half of them are really forced by consumers.
You want to be cheap and glamorous, but also of good quality ... Come and come, I will give you the factory, you give me a try?
Well, this topic can not be continued, so as not to attract the monsters of the river crab family again.
This time, Microsoft's WIN86 sale was carried out globally, so it only approved US $ 50 million in publicity expenses.
But the effect is very good. It sold 3 million copies in January, and it dropped a lot in February, with more than 1.3 million copies.
In the past three months, sales have rebounded to 1.5 million copies.
Again, there is only one factor that prevents Microsoft ’s Windows system from selling better. That is the overall number of smart computers in the world.
Even Kirin Computer, the world's largest manufacturer of assembled computers, produces a maximum of 3 million units a year.
The remaining companies such as IBM, Hewlett-Packard, and Apple, and even medium-sized cable companies such as Dell Computers, produce only about 20 million units a year.
Compared with the global population of 7 billion, this number is far from reaching the saturation of demand.
At least 500 million office and personal computers are used worldwide, which is the current limit.
But now the total installed capacity is only 50 million units, which is really too far.
For this reason, Bill Gates has called Yin Jun many times, hoping that the Kirin computer factory can expand its production again, at least to expand the output to 5 million units a year, preferably to 10 million units a year.
Yin Junli ignored him.
What restricts the development of Microsoft's WIN86 is indeed the number of computers popularized.
But there are more factors that restrict the sale of computers.
For example, the simplest one.
Microsoft's 80486 chip was released in January last year, but until the end of the year, they only sold more than 6 million chips.
Last year, overall sales were 20 million units.
The reason is of course not that they do n’t want to make more money, but that the current production technology is not enough, and the scrap rate is too high, which leads to not only a small quantity, but also a high price.
Therefore, many computer manufacturers still choose the 80386, and even the Kirin computer only chooses the 80486 on a high-end model.
In the second half of last year, Microsoft asked Intel to watch their WIN86. After they learned that WIN86 is a perfect match to the 486 chip, they not only strengthened technological innovation, but also made great efforts in order production.
But Rao is so. This year's 486 chip can only take out about 10 million.
This has led to Microsoft's WIN86 can not cover all the new factory computers.
Because WIN86 is a chip that covers 386, it doesn't mean that it can't be used, but the effect is definitely not as fast as 486.
Businessmen are chasing profits.
Now that WIN86 is so hot, then Intel's 486 chip is robbing more people.
Intel is not a good thing, it directly sells its own chips by way of bidding.
In order to **** more 486 chips, so that their company's computers can better match WIN86, many computer companies have adopted the way of investing blood.
For example, Dell has raised the price of the 486 chip by 30%, and got 1 million chips, which made many computer companies, including Kirin computers, scream.
A small and medium-sized computer company in your area has an annual production capacity of only 300,000 units. How dare you buy so much at a high price?
Are you afraid of dying?
Under such circumstances, the 486 chips available to Kirin computers are expected to be about 2 million a year.
So you said, where dare to expand the Kirin computer factory?
If the computer produced by expanding the output can only use 386 chips, isn't that a waste?
Maybe users will not buy it, which will cause the brand image of Kirin Computer to decline.
Therefore, Yin Jun did not consider the expansion of the Kirin computer factory in the short term.
But this matter is also in the work plan of Kirin Computer Company.
I believe Intel sees today's situation and will definitely increase shipments of 486 chips to earn more money.
When they can supply more abundant 486 chips, the Kirin computer factory can naturally expand production.
In addition, the various hardware of the computer at that time will also be much cheaper than now, which has great advantages in terms of production costs and product profits.
It is true that Microsoft's largest shareholder is Yin Jun.
But it is not just Yin Jun.
Therefore, Yin Jun still needs to consider the whole thing, not to mention the real development of Microsoft, or the precipitation of time, not overnight.
This is not suitable for Microsoft's development philosophy.
For example, like Cisco, even if you rush high, and after being beaten back to the original shape, you wo n’t be able to climb up for decades, what good is it?
Oh, right.
There is no Cisco in this life.
Because the founder of Cisco has come to Kirin Networks, responsible for switches, network transmission and so on.
In the future, Kirin Network is another Cisco, but it is much more powerful than Cisco.
It has Cisco's most important network transmission and switch business. It has optical fiber technology that Cisco does not have, which is the housekeeper of Nortel Networks with a market value of more than 100 billion US dollars in the future, and Kirin Networks.
In a way, the anti-suppression capability of the Kirin network has doubled.
In addition, Kirin Network is absolutely impossible to consider listing, so without the exaggerated bubble of listing, it will not be affected by various financial crises. Even the crisis of the collapse of the Internet bubble has nothing to do with it.
Come back.
Because of the great success of WIN86, Microsoft has made a big estimate for the sales of Microsoft's business this year.
The most optimistic Merrill Lynch feels that this year they will be able to sell 20 million copies of WIN86 alone, which is calculated at an average price of 1,500 US dollars, then this part of sales is 30 billion US dollars.
Even if it is the various patent fees they give, as well as the share of research and development costs, as well as the cost of sales promotion, etc., Microsoft's profit this year will inevitably exceed 3 billion US dollars!
One year's profit has reached 3 billion US dollars, Microsoft's previous 2 billion US dollars valuation has been completely unable to adapt to the needs of the new era.
Therefore, when Microsoft launched the roadshow in February, several investment banks raised Microsoft's IPO valuation to $ 3 billion.
This is just the price before the road show.
By the end of the road show, there will definitely be some upside.
The key is the performance after listing.
Want to come to follow Microsoft's raging performance in the world today, will definitely bring more surprises to everyone.
Bill Gates' road show was carried out under such optimism.
They started from the west coast of the United States and travelled all the way to New York, the last stop of the United States.
New York, the Big Apple City, is the world's first bustling city, and it is also the place with the most wealthy people in the world.
If its economic development level is listed separately, it can basically be regarded as a middle developed country.
Therefore, here has always been a hot spot for listed IPOs.
Dad Ma's IPO roadshow came to New York that year, and he took a picture of hundreds of investment banks and financial people waiting in line on the first floor of the hotel to wait for Dad to summon it.
Today, Bill Gates does not have this kind of treatment, but Goldman Sachs is also actively mediating after gaining the power of the IPO, which makes Bill Gates show some limelight in advance.
But in New York, Bill Gates still has a lack of gas.
So he invited Yin Jun to let him participate in the road show in New York with himself.
Even if Yin Jun does not speak, but as long as he appears on this occasion, then this time Microsoft's IPO will have greater confidence in support.
Not only the Chinese know, but even the Americans know that Yin Jun, the richest man in the world, has a mysterious ability to invest in companies. Any company he invests in must be a good company.
Take this Microsoft, for example.
In April of 1982, four years ago, Yin Jun spent 20 million US dollars and bought a 50% stake in Microsoft.
Although it is well known that Yin Jun surrendered his voting rights, he is essentially Microsoft's largest shareholder.
Today, Microsoft's original valuation of 40 million has soared to 3 billion US dollars, an increase of nearly 80 times! !
The stock of Yin Jun is worth 1.5 billion US dollars!
In this world ~ www.novelhall.com ~ How many companies with a market value of one hundred million dollars?
There will be no more than 10,000 in the world!
Isn't it surprising that Yin Jun's small investment can become one of these?
If the richest man in the world came to New York to serve the Microsoft platform, wouldn't it feel that Microsoft's listing this time would bring him more benefits?
In this case, how much can Microsoft raise prices on the first day of listing?
Will it more than double, or even more than double?
If that's the case, if you buy some shares early in the IPO, or if you snap up on the first day of opening, can you earn a lot?
The various effects in it, but there will be an incredible chain reaction!
...
(For subscription!)
(End of this chapter)
Microsoft has never been weak in making money.
Their WIN86 operating system, the cheapest personal ordinary version, is 1000 US dollars.
The next elite version for small companies is $ 2,300.
The enterprise version of the last large company is as high as $ 5,600.
In the United States that focuses on intellectual property, such a price is very high, but you consider that hundreds of Microsoft engineers work hard all day long, and finally only such a product comes out, and you can understand why they will Sell the Windows operating system so expensive.
The key beauty. Chinese, or Europeans, have no habit of saving!
They think that there is definitely a reason for the pricing of the merchant. If I have money and need it, I should buy it.
Speaking of these, these people are really simple.
If all the consumers in China are such consumers, why worry about the profiteers who use various methods to create so many artificial foods and toxic foods?
Of those unqualified products that appear on the market, half of them are really forced by consumers.
You want to be cheap and glamorous, but also of good quality ... Come and come, I will give you the factory, you give me a try?
Well, this topic can not be continued, so as not to attract the monsters of the river crab family again.
This time, Microsoft's WIN86 sale was carried out globally, so it only approved US $ 50 million in publicity expenses.
But the effect is very good. It sold 3 million copies in January, and it dropped a lot in February, with more than 1.3 million copies.
In the past three months, sales have rebounded to 1.5 million copies.
Again, there is only one factor that prevents Microsoft ’s Windows system from selling better. That is the overall number of smart computers in the world.
Even Kirin Computer, the world's largest manufacturer of assembled computers, produces a maximum of 3 million units a year.
The remaining companies such as IBM, Hewlett-Packard, and Apple, and even medium-sized cable companies such as Dell Computers, produce only about 20 million units a year.
Compared with the global population of 7 billion, this number is far from reaching the saturation of demand.
At least 500 million office and personal computers are used worldwide, which is the current limit.
But now the total installed capacity is only 50 million units, which is really too far.
For this reason, Bill Gates has called Yin Jun many times, hoping that the Kirin computer factory can expand its production again, at least to expand the output to 5 million units a year, preferably to 10 million units a year.
Yin Junli ignored him.
What restricts the development of Microsoft's WIN86 is indeed the number of computers popularized.
But there are more factors that restrict the sale of computers.
For example, the simplest one.
Microsoft's 80486 chip was released in January last year, but until the end of the year, they only sold more than 6 million chips.
Last year, overall sales were 20 million units.
The reason is of course not that they do n’t want to make more money, but that the current production technology is not enough, and the scrap rate is too high, which leads to not only a small quantity, but also a high price.
Therefore, many computer manufacturers still choose the 80386, and even the Kirin computer only chooses the 80486 on a high-end model.
In the second half of last year, Microsoft asked Intel to watch their WIN86. After they learned that WIN86 is a perfect match to the 486 chip, they not only strengthened technological innovation, but also made great efforts in order production.
But Rao is so. This year's 486 chip can only take out about 10 million.
This has led to Microsoft's WIN86 can not cover all the new factory computers.
Because WIN86 is a chip that covers 386, it doesn't mean that it can't be used, but the effect is definitely not as fast as 486.
Businessmen are chasing profits.
Now that WIN86 is so hot, then Intel's 486 chip is robbing more people.
Intel is not a good thing, it directly sells its own chips by way of bidding.
In order to **** more 486 chips, so that their company's computers can better match WIN86, many computer companies have adopted the way of investing blood.
For example, Dell has raised the price of the 486 chip by 30%, and got 1 million chips, which made many computer companies, including Kirin computers, scream.
A small and medium-sized computer company in your area has an annual production capacity of only 300,000 units. How dare you buy so much at a high price?
Are you afraid of dying?
Under such circumstances, the 486 chips available to Kirin computers are expected to be about 2 million a year.
So you said, where dare to expand the Kirin computer factory?
If the computer produced by expanding the output can only use 386 chips, isn't that a waste?
Maybe users will not buy it, which will cause the brand image of Kirin Computer to decline.
Therefore, Yin Jun did not consider the expansion of the Kirin computer factory in the short term.
But this matter is also in the work plan of Kirin Computer Company.
I believe Intel sees today's situation and will definitely increase shipments of 486 chips to earn more money.
When they can supply more abundant 486 chips, the Kirin computer factory can naturally expand production.
In addition, the various hardware of the computer at that time will also be much cheaper than now, which has great advantages in terms of production costs and product profits.
It is true that Microsoft's largest shareholder is Yin Jun.
But it is not just Yin Jun.
Therefore, Yin Jun still needs to consider the whole thing, not to mention the real development of Microsoft, or the precipitation of time, not overnight.
This is not suitable for Microsoft's development philosophy.
For example, like Cisco, even if you rush high, and after being beaten back to the original shape, you wo n’t be able to climb up for decades, what good is it?
Oh, right.
There is no Cisco in this life.
Because the founder of Cisco has come to Kirin Networks, responsible for switches, network transmission and so on.
In the future, Kirin Network is another Cisco, but it is much more powerful than Cisco.
It has Cisco's most important network transmission and switch business. It has optical fiber technology that Cisco does not have, which is the housekeeper of Nortel Networks with a market value of more than 100 billion US dollars in the future, and Kirin Networks.
In a way, the anti-suppression capability of the Kirin network has doubled.
In addition, Kirin Network is absolutely impossible to consider listing, so without the exaggerated bubble of listing, it will not be affected by various financial crises. Even the crisis of the collapse of the Internet bubble has nothing to do with it.
Come back.
Because of the great success of WIN86, Microsoft has made a big estimate for the sales of Microsoft's business this year.
The most optimistic Merrill Lynch feels that this year they will be able to sell 20 million copies of WIN86 alone, which is calculated at an average price of 1,500 US dollars, then this part of sales is 30 billion US dollars.
Even if it is the various patent fees they give, as well as the share of research and development costs, as well as the cost of sales promotion, etc., Microsoft's profit this year will inevitably exceed 3 billion US dollars!
One year's profit has reached 3 billion US dollars, Microsoft's previous 2 billion US dollars valuation has been completely unable to adapt to the needs of the new era.
Therefore, when Microsoft launched the roadshow in February, several investment banks raised Microsoft's IPO valuation to $ 3 billion.
This is just the price before the road show.
By the end of the road show, there will definitely be some upside.
The key is the performance after listing.
Want to come to follow Microsoft's raging performance in the world today, will definitely bring more surprises to everyone.
Bill Gates' road show was carried out under such optimism.
They started from the west coast of the United States and travelled all the way to New York, the last stop of the United States.
New York, the Big Apple City, is the world's first bustling city, and it is also the place with the most wealthy people in the world.
If its economic development level is listed separately, it can basically be regarded as a middle developed country.
Therefore, here has always been a hot spot for listed IPOs.
Dad Ma's IPO roadshow came to New York that year, and he took a picture of hundreds of investment banks and financial people waiting in line on the first floor of the hotel to wait for Dad to summon it.
Today, Bill Gates does not have this kind of treatment, but Goldman Sachs is also actively mediating after gaining the power of the IPO, which makes Bill Gates show some limelight in advance.
But in New York, Bill Gates still has a lack of gas.
So he invited Yin Jun to let him participate in the road show in New York with himself.
Even if Yin Jun does not speak, but as long as he appears on this occasion, then this time Microsoft's IPO will have greater confidence in support.
Not only the Chinese know, but even the Americans know that Yin Jun, the richest man in the world, has a mysterious ability to invest in companies. Any company he invests in must be a good company.
Take this Microsoft, for example.
In April of 1982, four years ago, Yin Jun spent 20 million US dollars and bought a 50% stake in Microsoft.
Although it is well known that Yin Jun surrendered his voting rights, he is essentially Microsoft's largest shareholder.
Today, Microsoft's original valuation of 40 million has soared to 3 billion US dollars, an increase of nearly 80 times! !
The stock of Yin Jun is worth 1.5 billion US dollars!
In this world ~ www.novelhall.com ~ How many companies with a market value of one hundred million dollars?
There will be no more than 10,000 in the world!
Isn't it surprising that Yin Jun's small investment can become one of these?
If the richest man in the world came to New York to serve the Microsoft platform, wouldn't it feel that Microsoft's listing this time would bring him more benefits?
In this case, how much can Microsoft raise prices on the first day of listing?
Will it more than double, or even more than double?
If that's the case, if you buy some shares early in the IPO, or if you snap up on the first day of opening, can you earn a lot?
The various effects in it, but there will be an incredible chain reaction!
...
(For subscription!)
(End of this chapter)
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