"Tiankun Company's sales are so good, its profit this year is at least several hundred million US dollars, and there are... 500 million?"

The two sides were intrigued by the silence. John Ax pretended to ask inadvertently, and even acted casually, "If you think it's a trade secret, don't answer it."

Some other executives in the circle were also very interested in this topic and watched the show at the tea table.

"No, how could it be that much? How much profit is to sell game consoles? Amortize the R&D expenses, including the R&D expenses of games, and the profit of a game console of 50 US dollars. Now, Tiankun is very conscientious."

If a unit profits less than 50 US dollars, even if it sells 14 million, it will only have a gross profit of 600 million. If the marketing expenses are deducted, the net profit will not be much, maybe only one-third.

However, this statement was immediately questioned by Ax: "Selling game consoles is not very profitable, but who doesn't know the business model of game console companies. They sell game consoles with guaranteed capital and make money to sell cardboards. The sales volume of more than 14 million units is, and this year it will be sold at least 50 million units. This is still a matter of less.

A cardboard expensive $50 is also cheaper. The gross profit of a first-party masterpiece is at least 10 US dollars, and a third-party can also cut off three or five US dollars by commissioning platform management fees, and this is almost no business. Selling game cardboards to make up for you 300 million US dollars in net profit, isn't it yet?"

A hint of alert flashed in Gu Ao's eyes: "Mr. Ax really understands it. This data is not far from what our financial department estimates at the beginning. However, our net profit is hard to say at present, because the reinvestment of the payment is very high."

Ax: "Does Tiankun Company expand its business scope? Or will it increase R&D?"

Gu Ao: "These are all, but not the main ones. The main capital is that the inventory is too high. We still have at least several million PS game consoles in stock, which are already produced before the dealer has requested the goods. Even if it is calculated based on the cost, and some material payments have a period of accounting, they still occupy at least 1 billion US dollars of Tiankun's funds.

We have all our own funds in, and we also asked many foreign banks in Xiangjiang that have mortgaged to raise hundreds of millions of dollars. Of course, because our business is very good, the banks have a very high trust in us, and they can easily get a short-term loan of hundreds of millions of dollars."

After hearing this answer, Ax's expression immediately collapsed slightly, but for only a moment, he returned to the harmless pretending smile of humans and animals.

In fact, when the chat reached this point, his seemingly harmless indirect attack just now also included a certain attempt to dig a hole and grab the handle.

But Gu Ao's response was very appropriate and he could not miss it.

Because Tiankun Company still controls the circulation stock of Motorola 68000 chips manufactured by Xiangji Electric in the market, ensuring that Apple will not be allowed to obtain the CPU of MAC-II computers within the year without allowing any hostile to catch the handle.

At this time, if you buy it maliciously and don’t use it, it will definitely be unfair competition and will be sanctioned by the US antitrust law. The lawsuit next door has only been held for a short time, and the legal disputes there are still ongoing.

Therefore, except for selling 2 million pieces of Motorola CPU that Tiankun had obtained to Wang An, he must digest all the others himself.

At that time, Zhang Zhongmou talked with Chris Galvin to exclusively authorize the 68,000 OEM, on the condition that Xiangji Electric's annual CPU capacity would reach 4,000 or even 50 million pieces.

Even if the running-in is insufficient in the first half of the year when the construction just started, the production capacity will be at least 20 million pieces.

Tiankun sold 14 million game consoles, which occupied 14 million pieces of goods. Wang An sold more than 800,000 computers, and the chips purchased were 2 million.

14 million plus 2 million is still 4 million away from the production capacity of 20 million.

This 4 million must be made into Tiankun’s “extra inventory”.

In other words, even if Tiankun’s gaming consoles cannot be sold so many times, they can only sell one or two million units a month.

However, Tiankun's production line in the Special Administrative Region and Hanle Electronics still needs to start construction at a full capacity of more than 3 million units per month. The difference of 1 million is temporarily piled in the warehouse in the Special Administrative Region.

There is a monthly balance of 1 million units, and by the end of the year, there is a balance of 4 million units. The market price of these 4 million units is at least US$1.2 billion. Of course, Tiankun is a manufacturer, and it is not the market price but the cost, which is at least US$900 million.

Because it is a special operation, the more than 900 million US dollars still have to be paid out with real real money and silver to settle most of the accounts. You cannot all make a free pass on credit. Otherwise, Tiankun's suppliers will have their capital chain broken and die.

In this way, Gu Ao said that Tiankun expected to make a pure profit of 500 million US dollars this year, and no dollar was left in the account as cash flow, and even borrowed an additional US$300 million to 400 million US dollars as production raw materials to pay for purchases, and everything came back.

Tiankun really didn't mean to harm Apple, it wasn't that he took possession of MK and did not pull S, but that he was really confident in his products. Even if he was ahead of the current actual sales, he was not afraid of 4 million units. He knew that he would sell it sooner or later.

Even because "Tiankun was worried that there would be a shipment craze in the new year season, he took the initiative to stock 4 million units at his own expense."

This is very considerate and very Nice.

John Ex originally wanted to cheat and see if he could catch Gu Ao's flaws, proving that Gu Ao used the linkage between Tiankun and Xiangjidian and Wang An to improperly deal with Apple.

It seems that nothing has been caught now.

So there is never a permanent friend in the business world. Even if the other party is testing you to cooperate with you, you won’t feel that you have too many hands.

The handle is to exchange resources.

From this we can also see that Apple lost this time, because if we change our opponents and use this method of "eat the production capacity of Xiangjidian" to cheat Apple, they will not have such awesome products to support the store, and secondly, they will not have such a large amount of funds to pallet.

If you don’t have any product, you can buy 20 million pieces of 68,000 CPUs with a half-year production capacity and stock up. The funds will be $3 billion - can you take out $3 billion in cash to stock up?

You don’t have a way out to digest quickly. Are you not afraid that electronic chips will depreciate after being held in your hands for a long time? How much loss will be if the 3 billion US dollars of goods depreciate slightly?

So this trick is not something that everyone can afford, and it has a high threshold.

...

A false friendship with the snake was also exchanged some external technical authorization intentions on the tea table, looking forward to the future development plan of brand personal computers.

Two hours passed quickly for afternoon tea. It was already past four o'clock in the afternoon, and it was almost time for the dinner.

At this moment, a sound came from the backyard of the Thomas Watson's manor, and all the guests got up and looked solemn.

The reason why there is a noise coming from the backyard rather than the main entrance is that the big guys all appear directly from the apron and will not take the ordinary road by car.

"Gu, this is your first time participating in a full gathering in our circle. It's a rare thing. This time I've caught up with you. I heard that you have a good relationship with Professor Ji and senior management. I might want you to be a partner next time." Watson, a little jokingly chatted with Gu Ao with ease.

On the other hand, some eager hedge fund wealthy businessmen began to exchange greetings and make friends.

“MR.President, welcome to Kangzhou.”

"The people of Connecticut have always supported you. The preparations for the five constituencies this year are very good. There will definitely be no problem the day after tomorrow."

Gu Ao suddenly realized that it was Youshe's neighbor who had returned (the neighbor on the left was Watson's house).

This year, Li Gen has been working in the industry for eight years. The solution to provide the scrutiny is to help VP become a senior.

Because the situation has been pretty good over the years and there is no risk, directly inheriting the original route is the safest and most likely to win.

Li Gen was once a person who was "unprofessional, not easy to be seen through by the enemy, and able to play the role of a bull who rushed into a porcelain shop". Therefore, over the years, those who have served him as VPs have a more presence than previous VPs. Many times people think that VPs are more professional than regular Ps.

Later history also proved that there was no ups and downs in 1988. The difference in votes for J ended up reaching more than 400 votes to more than 100 votes.

Therefore, at this moment, even if the result has not yet come out, there are still many wealthy businessmen who are rushing to please and make friends in the final sprint stage.

The most powerful people in Connecticut are undoubtedly living in Greenwich. The three giants in the Greenwich community are composed of the three families of Watson Jr. Watson Jr. and Gu Ao. But Gu Ao is a foreigner, so today's sprint dinner to visit Connecticut was placed in Watson Jr.

According to the arrangements of the selection, the people of the Buxu family, mainly him, and his cousins ​​and nephews who live this week, will join the people to attend a dinner together, then go back to his own manor to stay, and rush to the next stop to prepare for the next morning.

"Gu, I'm so good enough. I'll pull you into such a circle today." Watson, a little man-made expression, seemed to be looking forward to Gu Ao's kindness.

"Mr. Watson, you may have misunderstood me. I said I was not interested in making friends with people like this, that is really not interested." Gu Ao sighed,

"To be honest, Mr. Li Gen just doesn't know how to be good, but he also knows that he doesn't know how to be good, so his biggest harm is nothing more than being soft-hearted. However, over the past eight years, the bumps and stumblings have also forced the Russians to the corner. This is actually the credit of the professional think tank, and the credit of the president himself not helping him.

Sometimes, people who have only a stubborn understanding of stubbornness are often more harmful than those who know that they don’t know how to do things. They are not soft-hearted, but they are confused and confident, and attribute the success of think tanks to their own success, and as a result, they take too much steps. People who have been closely related to him in recent years will sooner or later return. If the United States declines in the future, more than half of these stubbornness will be accounted for.”

Watson's expression changed and he looked left and right: "Aren't you afraid that such words will reach the other person's ears?"

"I am a foreigner and it's nothing to do with me. I'm afraid that such words that draw the line will not be heard in the other party's ears." Gu Ao shrugged and didn't care at all. "My admiration for my mentor has never changed. I have no prejudice against Mr. Li Gen and the nuclear corps. I just target Mr. VP himself."

Although you are not afraid, it is still necessary to limit the attack surface and the range of hatred value must be framed.

I didn’t target everyone here. I didn’t say that everyone here is a hot chicken, I’m just targeting you. In the future, other Nanyou big guys here, just don’t hold a grudge against me.

"Then at least don't be rude. You know each other at least, just let's go after a drink." Watson little has to be a peacemaker and not embarrassing the situation.

"Then just try a cup before leaving." Gu Ao made a decision in a humble and arrogant manner.

Not pleasing, not flattering, and not despising, Gu Ao set the three principles of non-existence.
Chapter completed!