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Chapter 79: The Curtain Opens

The atmosphere has been a little different in Cupertino's Apple headquarters since January.

Overall, it is high-spirited.

Because since the iPhone launch conference was held in early January, from Jobs to those cleaners who cleaned their work after most people got off work, they have clearly felt the desire of many people in the world to buy iPhones.

Therefore, the future prospects of this product are definitely self-evident.

Many people believe without hesitation that the glory created by the ipod will definitely be subverted by the new product they launched.

However, as the promised official listing time gets closer, the company's atmosphere is getting tense.

The mass production of such a creative product also encountered many problems as expected.

Jobs' famous uncompromising made this work even more difficult.

Let’s not talk about Apple’s employees and some of the suppliers who have recently cooperated with Apple, many of them have already had a very profound understanding at this time. Looking back now, the helpless Party A in the past seems to be nothing.

Apple is the biggest challenge they can encounter in their lives.

But even though the pressure on all aspects is unprecedentedly huge, all kinds of problems are still emerging one after another. By April, the beautiful prospects are no longer aspirations, and everything has finally become clearer.

Success is ahead, as long as everyone works harder and persevere.

But at this time, the little bit of persistence and hard work is really not easy for those who have been tense for a long time.

Jobs during this period also seemed to have reached a limit. The frequency of his sudden outbreak is getting higher and higher because of some inconspicuous trivial matters.

Overall, his moodiness is becoming more and more impermanent.

But he would not restrain his temper, so during this period, the staff around him had actually reached their limits, but they still had to grit their teeth and persevere.

However, there are more than one person who is preparing to implement the unimplemented plan of an old employee who had long since left Apple, former Macintosh team: walk into Jobs' office, take off his pants, look at his desk, let his desk drink a pot, or a soak.

With such thoughts, at noon on the 2nd, a secretary of Jobs took a breath, knocked on the door of his office, and entered the office where the air pressure was much lower for everyone.

"What's the matter?" Jobs looked up and lowered his head.

"Steve, I think, this should be the news you need," the secretary smiled and placed a document on Jobs's desk.

But Jobs only glanced casually, and the secretary immediately understood that Jobs didn't seem to care about this news.

He was about to quit when Jobs suddenly paused, "Hmm?" Then, he let go of the mouse and grabbed the piece of paper.

Jobs quickly browsed a few lines, slapped the paper on the table, and a smile appeared on his face. Am I confused?

The secretary was about to lower his head and rub his eyes, and Jobs stood up, "Come on," he spread his arms, "Give me a hug,"

The secretary was stunned. Will he open me the next moment?

So, will I lose the opportunity to implement that feat if I don’t take off my pants later?

While he was still struggling, Jobs patted him on the back, "Thank you guys,"

Then he sat on the table and started dialing the phone. The secretary knew that he should leave quietly at this time.

But until he closed the office door, he still didn't understand, was everything I just experienced a dream?

Although Jobs arranged for him to collect relevant information, he really didn't understand why the bankruptcy of a financial company made Jobs so happy at this time?

…………

"Page," Jobs held the paper, "Did you see it?"

"What?" Page over there obviously didn't understand what the phone was going on.

"New Century Company has officially filed for bankruptcy protection," said Jobs.

That piece of paper is a news excerpt, with reports and comments from various media about the bankruptcy of New World Financial Company.

"What?" A rustling sound came from Page, as if something had been knocked over.

"Let me see," followed by a rush of keyboard typing, and obviously, he was Google-related news.

This also shows that Page does not pay as much attention to news in this regard as Jobs, perhaps because he trusts Feng Yiping more. Of course, it is also possible that this $1 billion investment does not pay as much attention to Jobs.

After a while, Page's surprise voice came, "Oh, really!"

The phone was silent for a while, and neither of them spoke.

Because of what this news means, they are very clear.

"Do you want to call Feng?" Jobs asked.

"At this time? Forget it," said Page.

"It's okay, I'll call. I think Feng would be happy to hear this news," Jobs hung up the phone without even saying goodbye and immediately started dialing Feng Yiping's cell phone.

…………

On the top floor of the capital Jiasheng Business District, Feng Yiping slept very well this night.

When he finally heard the sound of his cell phone, he suddenly opened his eyes and looked at the darkness in the room with a slightly blue night, and was a little confused about the situation.

When is this? Where am I?

When he came to his senses, he looked at the time and name displayed on his phone and sat up suddenly, "Jobs, is there something wrong with our panel?"

He thought that Jobs actually called at around 2 a.m., and it is conceivable that what he said would definitely be a very important and critical thing.

The important matter related to Apple recently is undoubtedly the panels that optical companies provide for iPhones.

"Well, what time is it?" asked another person on the bed.

"It's so early, you can sleep well," Feng Yiping covered the phone, helped Huang Jingping cover the quilt, and walked out barefoot.

"...You can be sure that your judgment is right," said Jobs there.

Hearing Jobs' voice, Feng Yiping, who was originally a little nervous, relaxed, at least not accusing him of the attack, "Steve, what did you say, please speak slowly,"

"Just today, New World Finance Corporation, officially declared bankruptcy, Feng, your judgment is right," Jobs repeated again.

"I think this means they can't hold on, right?" he asked.

"No, Steve, I'm not as optimistic as you think. They won't admit defeat so easily," said Feng Yiping.

"Oh," Jobs was stunned for a moment, "but that's OK, that day will come sooner or later."

"Yes, Steve, we'll just stick with it," said Feng Yiping.

"Haha, yes, Feng, I look forward to seeing you in Silicon Valley as soon as possible," Jobs hung up the phone.

For him, this persistence is nothing, just pay a few more months of premium.

Compared with the expected returns, these premiums are not worth mentioning at all.

…………

Feng Yiping did not rush to go online to verify the relevant news. Since this news came from Jobs, there would definitely be no problem.

New Century Financial Company, he has been paying attention recently.

It is the second largest sub-prime loan company in the United States. It has only been established for more than ten years. In the field of sub-prime loans, it has been evenly matched with large companies like HSBC Holdings.

However, in the face of major changes, companies like New Century Finance obviously cannot be compared with companies like HSBC Holdings.

As early as February, HSBC Holdings added $1.8 billion in bad debt provisions for its subprime mortgage business in the United States, but then it still operated relatively smoothly.

New Century Financial Company, due to the default of sub-prime loans, was unexpectedly serious and had no funds to repurchase outstanding mortgage loans, and in early March, it could not obtain financing from the market.

Not only that, Bank of America, Citigroup, inc., Credit Suisse Group, Goldman Sachs and Morgan Stanley have always asked for a repurchase loan - that is, to collect an umbrella on rainy days.

The total amount of these loans to be repurchased is as high as US$8.4 billion, which is a burden that New Century Financial Company cannot bear.

From then on mid-March and on the 12th, its stock price fell to $1.66, down 96.8% from the highest point it went!

Finally, on March 13, the New York Stock Exchange stopped trading its stocks and prepared to delist it.

Unexpectedly, it finally failed to survive more than twenty days later.

Feng Yiping is actually not clear about the specific development of the subprime mortgage crisis, but this news undoubtedly clearly shows that the pace of the relevant steps is getting faster and faster.

Looking at the blue-black sky outside, he let out a heavy breath, closed his eyes and lay on the sofa. The soft light of the desk lamp just enveloped him.

:
Chapter completed!
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