September 27, San Francisco International Airport.
"Goodbye, brother-in-law."
Zeng Yu waved her hand and entered the boarding gate.
For Lu Fei's sake, Wuhan University granted her a long vacation at the beginning of the semester. Now more than half a month has passed and she is finally on her way home.
Zeng Yu's flight took off, and Lu Fei also took a flight directly to New York. Four days later, on National Day, Spotify will be listed on Nasdaq.
The current U.S. stock market is in turmoil and undercurrents.
The first wave of subprime mortgages triggered by the collapse of New Century Corporation had just subsided. Real estate stocks led by Fannie Mae and Freddie Mac plummeted. From the highs of $99 and $48 per share in July, they plunged all the way.
More than 30% to 40%.
The Federal Reserve also realized that there was a problem with raising interest rates and cut interest rates in an emergency, which allowed the bleeding U.S. stock market to return to the upward path.
The entire market in September was green.
Riding on the trend of interest rate cuts, Spotify is the "first global music website" and the first to be listed as genuine after the pirated music website Napster.
The various indicators and data of user volume, total revenue, and net profit are extremely eye-catching. Thanks to the fame of the Chinese stock market gods He Logic and the encouragement of Goldman Sachs, the stock price has jumped from the IPO price of US$9 per share to the opening.
to $4 per share.
No more, no less, $4.4 billion was raised.
With the announcement of Spotify's listing, the Forbes Global Rich List at the beginning of the year had to be readjusted. Previously, Lu Fei's net worth was US$400 million behind the Li Huanggua family, ranking tenth.
Now he has directly surpassed him and risen to the ninth richest person in the world.
Moreover, the transformation from the richest man in Mainland China to the veritable richest man in China actually took him a long time.
It's just that companies like Feigou, Logic, and Sogou only have valuations but no market value, and they are not reflected in the total wealth at all.
Of course, the assets of the Li Huanggua family will not stop at US$23 billion. According to gossip, it is conservatively estimated to have skyrocketed to more than US$30 billion. Who is the richest man in China——
We have to wait until next year's Forbes list of the world's richest people is announced.
But at this moment, Lu Fei is the richest man!
"boom!"
"Bang bang!"
When Lu Fei pressed the mechanical button to ring the bell, the moment the bell rang, colorful paper fireworks flew out from the left and right sides of the stage.
After taking a group photo in Times Square, Lu Fei booked a banquet hall in the Waldorf Astoria Hotel for a grand celebration banquet. In addition to the top executives of Logic and Spotify, the two major shareholders of Microsoft and Goldman Sachs, as well as Bank of America, Citigroup, etc.
Brokerage dealer.
"Lu, hahaha, my friend, cheers!"
Ballmer's face was glowing. Spotify's listing suddenly boosted Microsoft's sluggish stock price, and he was very happy.
"cheers."
Lu Fei clinked glasses with him and took a sip.
Ballmer completely put aside the grudge between logic and Google's cooperation, hugged his shoulders affectionately, and called him brother:
"Lu, what are your next plans?"
"I'm going to let Spotify slowly transform into streaming media."
"stream media?"
"Spotify, which transforms into streaming media, will build a bridge between paid downloads and cloud computing services in the recording industry."
“Will the record industry say yes?”
Ballmer wondered: "Wouldn't the shift to the streaming music model cut off the record industry's digital music retail revenue?"
"We are the most important ally in the recording industry. If they don't rely on us, who else can they rely on?" Lu Fei shook his glass, "Besides, as long as the revenue sharing is negotiated, they will not disagree. For example, from the original 70%,
Increase it to 80%.”
"Why are we only 20%?"
Ballmer was startled.
"Even though the split is small, the cake is huge."
Lu Fei made an analogy. A monthly subscription of a streaming music service costs US$5. If there are only one-fifth of the current number of paying users of Spotify, which means 25 million subscriptions, it can bring in US$1.5 billion in revenue every year.
, a full 300 million was allocated.
Although some revenue will be lost during the transformation period, it will be within the tolerance range. As long as the streaming service can operate smoothly, the revenue from paid subscriptions will be enough to make up for the loss of music downloads.
"Sounds great."
Ballmer licked his lips.
"There are better ones, Steve, you know what?"
Lu Fei shrugged: "The most attractive thing about having a streaming music service is to promote hardware sales, not just music players, but also Beats headphones that Logic and Spotify have cooperated with. We will open a 'Beats' for early streaming users."
Music" exclusive service to promote headphone sales."
"Lu, when are you going to transform?"
"Look, you are anxious. That is the second step. The first step is to develop smart streaming technology. Before that, maintain the status quo and continue to provide paid downloads through Spotify to avoid causing dissatisfaction in the record industry. And all this,
Steve, we need your full support, Microsoft must act in concert with us."
"Lu, of course I support you!"
Ballmer promised to go back and convince the board of directors to sign a concerted action agreement with Logic in the name of Microsoft, which is equivalent to Spotify going public, and Logic still firmly controls the company.
And this, Mr. Lu just drew a cake.
After talking about Spotify's streaming media transformation plan, Ballmer was drunk with red wine mixed with chicken soup, and his face turned red:
"Lu, all the mobile phone brands on the market are cutting prices like crazy because of the advent of logic
"Of course we will lower it, but we won't lower it too much."
Lu Fei smiled and said: "It's only 100 US dollars."
"Hiss~"
Ballmer took a breath. With the price combination of iPhone and LogicX2, wouldn't the entire market turn into a mess?
"Actually, they didn't lose much."
Lu Fei disagreed, "The wave of memory chip price cuts can make up for part of the losses from rising and falling prices."
Ballmer nodded in agreement, "You are right, and this wave of collective price cuts will further reduce the already depressed prices of memory and flash memory. What do you think?"
Lu Fei smiled and corrected his statement: "Steve, I'm wrong. It's not a fall, it's an avalanche!"
When Yangtze River was born and announced 3D flash memory technology, the global storage industry market, which was in a cold winter, encountered a blizzard.
And because of the increasingly fierce price war between Samsung, Elpida, and Micron, it can be said that this winter will be darker and colder than when the Internet bubble burst.
Not long ago, 1G of memory could still cost $16.
However, the wave of price cuts in the global mobile phone market and the discontinuation of production of some models are tantamount to adding ice and water to the situation.
Give the entire storage industry a break!
512Mb memory has dropped to the point where manufacturers lose $1 per unit to produce it. 1G memory has also dropped to $15. As for memory above 1G and 2D flash memory...
The dam has collapsed and will leak thousands of miles sooner or later.
What makes storage manufacturers most desperate is that there is no sign of spring in the long winter, and the cold winter will continue.
If this continues, a drop of more than 50% is not impossible!
There is no doubt that this is an unprecedented avalanche in the global storage industry. From Europe and the United States to Japan and South Korea, to the Gulf and the Mainland, no one is spared, whether it is Intel, which is rich and powerful, or Qimonda and Elpida, which are heavily in debt.
Disaster.
However, just when the storage industry is going downhill, there are always people who step on the accelerator, and Samsung steps on it again.
The second round of the price war has begun!
Thanks to Yangtze Memory's 3D flash memory technology when it was first established, most of its production capacity can be absorbed internally, and the rest comes from official sources such as Shenzhou, Lianxiang, Tongfang, Founder, Great Wall, etc., as long as they are domestically produced, many
Buy some hundreds of millions of points.
Not buying?
Do you still want to enter the purchasing catalog?
Feigou.com also directed traffic to memory modules, solid-state drives, etc. from Yangtze Memory, and sales gradually caught up with Samsung.
Maybe in the cold winter, Yangtze Storage will not survive the best, but at least it can survive. After all, there will be a financial tsunami that will hit both subprime mortgages and P2P.
But for mobile phone manufacturers, it is great news.
The cost of Logic's 4G memory has dropped by $18, and the cost of 8G has dropped by forty to fifty dollars. This is just the beginning.
Because of this, Apple openly announced a price cut on iMaga!
The price of the 8G version has dropped from US$499 to US$299, a full US$200 reduction.
The 4G version cannot compete with logicX2 and is simply discontinued.
It is common for the price of electronic products to drop, but Apple is definitely unique among the price cuts of many brands such as Nokia and Motorola!
The crux of the problem is that a mobile phone that was only released at the end of May in the first half of the year has depreciated in just 4 months?
Many users who spent nearly 500 US dollars, especially those who just bought iMaga, feel that they have been taken advantage of!
In 90 days, the average price dropped by $22 per day.
The key is, without comparison, there is no harm.
Apple released a price reduction announcement in the morning, and logic followed in the afternoon, announcing that the 4G and 8G versions of the iPhone would all be reduced by US$100. As compensation, old users would be provided with a US$25 coupon, which can be used online and offline with the ticket.
You can enjoy discounts when purchasing any Logic product.
The defense is broken, the defense is really broken!
Like oil poured on a fire, public opinion has spread like a prairie fire.
Apple, look at me!
lphone came out earlier than your iMaga, and the price is less than yours. They even gave me a $25 coupon. What about you?
You don’t want anything, but you dare to drop $200?
Are you worthy of us?
rnm, refund your money!
In just an hour after the news was released, Apple's mailbox received thousands of emails expressing dissatisfaction, and its customer service phone number was even bombarded.
They even organized a price reduction rights protection group to sue Apple.
Seeing that the situation was getting worse and worse, Apple, which had been pretending to be an ostrich for a long time, finally couldn't pretend anymore and issued an open letter written by Steve Jobs.
We apologize for iMaga’s massive price reduction this time.
It also promised to compensate old users who have bought iMaga and provide them with vouchers worth $100.
In this way, the anger of some fruit fans was calmed.
But there are also those whose hearts are broken, and more and more they are giving up their followers and turning to the Trisolaris Cult——
Now, I have to buy logicX2.
Because on YouTube, Twitter, and Facebook, KOLs from all walks of life invariably made "rational comments", like Robert Downey Jr., who endorsed logicX2, and directly paired it with an Iron Man selfie——
"Apple gives you big price cuts and vouchers, not because of their conscience, but because of logic..."
Damn it, Lu Fei!
Cook finally couldn't bear it anymore and said on Facebook and Twitter that all this was Lu Fei's conspiracy. Many of the unfavorable comments and rhythms against Apple are now caused by Logic and Google.
This is slander!
Naked smear!
Discredit?
Does Apple still need to discredit it? It doesn’t even bother you!
Without waiting for Lu Fei to end, Larry Page directly tweeted angrily, "Fortunately the logic is different from Apple's logo, otherwise I would have bought the wrong phone for my child. After all, they look too alike. Just look at 2G and 3G."
can not tell.
Oh, I almost forgot. Now you can look at the price. If you don’t understand, just ask, which one do you think you should buy, the 8G version of iMaga for US$299 or the 8G version of logicX2 for US$399?”
There are also people in the United States who are happy to kill themselves and make people angry in the comment area.
Google and Apple are clearly at odds with each other.
"Mr. Lu, is this going too far?"
Guo Xing accompanied Lu Fei and wandered around the AuthenTec laboratory. There were fingerprint recognition sensors being tested everywhere around him.
"Do you think this looks like the certificate of nomination given to us by Google?"
Lu Fei walked out of the door and walked along the corridor.
"Aren't they afraid of what Apple will do if it is stimulated?"
Guo Xing followed closely, his brows furrowed.
"Haha, they are eager for Apple to do something, because we are the first to bear the brunt, so we have to rely more on Google." Lu Fei narrowed his eyes, "But since he dares to target Apple, he is not afraid of revenge from Jobs and the others. Humph, don't think that I
I don’t know how many little tricks Apple has made against us.”
"Yes, for all the smearing against us over the years and the endless poaching of people, we have to give Apple a try anyway!"
Guo Xing curled his lips.
"These are just tricks, the key depends on technical ability." Lu Fei stood beside the car, "How many years is it expected to take to unlock the fingerprint recognition?"
"About 2 to 3 years."
Guo Xing said seriously that OSENTECCO Semiconductor is a world-class fingerprint sensor manufacturer. It cooperates with the acquired Swedish company, Preetrics, one to make sensor solutions, and the other to make software and algorithms. It is definitely one of the best fingerprint recognition and unlocking R&D teams.
"Have you signed the confidentiality and non-competition agreement?" Lu Fei asked.
"Signed."
Guo Xing opened the car door, "Mr. Lu, as planned, I will release some news about our facial recognition unlocking during media interviews recently. It depends on whether our friends will accept the move?"
"Whether they accept it or not, when we do it, they will have to accept it. It's just a matter of time."
Lu Fei beat his chest and got into the car.
Wang Ben then drove the bulletproof modified Lincoln Navigator L, and the journey was smooth without any trouble from the police.
Because Buffett gave him a small card from the police union, a pass that can only be obtained by donating a certain amount to the police department.
Sir, you don’t want to lose your job, right?
Returning to the villa, she went straight to the gym and saw Zeng Li wearing yoga clothes as usual, doing aerobics and sweating like rain.
The effect is remarkable and the figure after recovery is smooth and smooth.
Especially peach, plump.
"I'm home?"
Zeng Li breathed out and stopped moving.
Lu Fei hummed and handed over the towel.
While Zeng Li was wiping her sweat, she wanted to discuss with him that she was about to return to China to attend the premiere of "Iron Man". Lu Xia was too young to accompany her. Although her great-father and confinement nanny were there, she still felt uneasy about being a mother.
"I've already thought about this."
"what do you think?"
"I invite my eldest brother and sister-in-law to come here."
"What?!"
Zeng Litong's eyes widened and she was very surprised.
"As the saying goes, an ugly daughter-in-law still has to meet her parents-in-law. What's more, my eldest brother and sister-in-law are taking advantage of this National Day to let them travel."
Lu Fei took the towel from Zeng Li's hand and wiped the sweat on her forehead: "Don't worry, I've made it clear to them on the phone and they all know..."
