Mastering future technology, making a profit of 80 billion at the beginning

Chapter 6 Jobs was really arrested!
After getting US$16 billion, Lin Feng did not stop.

Instead, continue to short sell all the shares.

Not only that
He had no intention of driving down the fruit company's stock price with a piece of fake news.

The real killer is not the news, but the music record company that cooperated with Fruit.

As Jobs said, before paying Raymond Lam the billion dollars, the money was in Apple's account but did not all belong to it.

The vast majority of these are payables to record companies and suppliers.

It's easy to talk to the supplier and negotiate, and it's not impossible to delay payment.

But it’s harder to talk to record companies.

Originally, the cooperation between Apple's iPod and record companies was not very smooth. If the copyright fees could not be paid in time, the two parties might tear up the contract and go their separate ways at any time.

According to the contract, Fruit should pay the copyright royalties for the previous cycle of songs this week.

However, Lin Feng suddenly appeared and took away all the fruit funds.

This resulted in Fruit being completely unable to pay the record company within the agreed period.

In other words, the fruit industry’s current capital chain is broken.

Naturally, the fruit manufacturers dare not speak out. The measures they are taking now are to actively negotiate and delay time, and first pay part of the bill by borrowing money from the bank.

There is nothing wrong with doing this in itself. As long as all record companies don't come rushing to ask for money, Apple can hold on until the new product equipped with a high-performance browser is released.

By then, it will be like the boat has passed through thousands of mountains, and all problems will no longer exist.

This situation is not only clear to the fruit itself, but also to Lin Feng.

After selling all the new securities, he immediately started his next plan.

……

Andy, general manager of Warner Records, frowned.

He has been doing very well recently because he took the lead in signing a music licensing contract with the fruit company last year against all odds.

All song copyrights owned by Warner Music are now open to the Apple iPod, and the entire album has been changed to $0.99 per song.

All those who opposed the move in the company believed that this would have a severe impact on record sales and would be tantamount to chronic suicide.

In fact, the profits brought by this contract are extremely good. In the past year, the profits from the quarterly share of fruits alone have caught up with the company's annual album sales.

This did not have much impact on the sales of the company's genuine albums.

Because of this incident, Andy was appreciated by the company's top management. In the past two days, he directly took over the vacant position and became the general manager of the business department.

He should have been in high spirits, but at this moment he seemed a little uneasy.

just because,

Just now, someone claiming to be from the Federal Internal Revenue Service called him and asked whether Apple had paid the music copyright fees for the previous cycle as scheduled.

Not daring to neglect, Andy answered truthfully.

At first, Andy didn't take this matter seriously, but before hanging up the phone, he "accidentally" heard whispers coming from the other end of the phone.

"How is it? Did Warner receive the money?"

"No, none of it. It's almost certain that there's no money in the fruit bank account. It seems that all the money has been transferred away by Jobs!"

Beep!
what!
Andy's eyes widened, as if he had heard some earth-shattering news.

After hesitating for a moment, he called Jobs directly.

"Mr. Jobs, how have you been lately?"

"Sure. What about you?"

"Me too. But I heard you've been in some trouble lately."

"Have you heard about that fake news too? Damn it! How dare these media spread rumors!"

"Yes, those liars should be crucified and repent. But, when will the profits from the iPod project be paid to our company?"

"This……"

Jobs, who was about to say a few words of pleasantries, was choked when he heard this question. Money was the last issue he wanted to face right now.

He wanted to make an excuse, but he couldn't lie because he didn't want to be nailed to the cross.

So, he turned his eyes and started to act like a rogue.

"Ah? What did you say? My signal is bad." "I asked when will we get the profit from the iPod."

"What? Did you say something? I couldn't hear you?"

"..."

beep...

Andy hung up the phone helplessly, his heart sinking to the bottom.

One of the reasons why he signed the contract with Jobs against all odds was because Jobs was generous with his money.

But now...

Andy narrowed his eyes and picked up the phone again.

But this time he didn't call Jobs, but his competitor and friend Otto, who currently works for Universal Records.

Sure enough, the other party did not receive the money.

Not only that, it has been confirmed that all companies that have cooperated with the fruit have not received any money.

Moreover, fruits are borrowing money from banks like crazy!
It is certain that there is not a penny left in the fruit account.

When Andy heard about the recent arrest of Steve Jobs, he broke out in a cold sweat.

In fact, he didn't care at all about the difficulties that Fruit encountered. He only knew that given the nature of the company, if the company did not receive the money on time, he would probably become the person with the shortest tenure as general manager of the business department.

He hurried out of the office and went to the fruit company in person!

Not only him, but all the relevant companies sent personnel to Cupertino.

Their purpose is extremely unified, which is to get money.

But how could Shuiguo come up with the money? Things happened so fast that they didn't even have time to apply for a loan from the bank.

Helpless, in order to keep his position, Andy took Fruit to court.

Immediately afterwards, coercive measures were taken against Jobs as the chairman of the board of directors of Fruit.

This time, Jobs was really caught.

The media flocked to the scene and the coverage was overwhelming.

However, after learning from previous experiences, people seem to be more cautious, and they all want to know one question.

“Where did the money for the fruit go?”

Without waiting for Jobs to answer, Raymond Lam released the "evidence" online.

The so-called evidence is a short essay.

In his previous life, Lin Feng invested a lot in stocks. Regardless of whether he made money or not, he was influenced by the "Big A Loves to Tell Stories" column, so he could write short essays with ease.

"The reason for the fruit cash flow interruption has been found, and it's because of this!"

With an attractive title, Raymond Lam began to write extensively.

"It turns out," according to insiders, corruption and bribery within the fruit company is very serious, and embezzlement of company finances is everywhere.

What about taking kickbacks, selling inferior goods as good ones, and trading power for sex?

……

Of course, some of these things are true and some are false.

These were really some secrets that Lin Feng discovered when he browsed around the fruit company.

Fake is naturally a work of art.

But whether true or false, these are just salt that Lin Feng rubbed into the wounds of Apple's broken capital chain and Steve Jobs' arrest.

Although it's crude, it's very effective.

It was like the straw that broke the camel's back.

The fragile balance of fruit stock prices was finally broken and began to plummet.

What Lin Feng needs to do now is to wait quietly.

Then buy at the bottom.

(End of this chapter)