Reinventing the Millennium - Chapter 1403

c1400 Wild financial report

It is not uncommon for the former and current CEOs of Qualcomm to have a war of words, but it is very lively.

Jacob took over the company from his father and successfully brought Qualcomm to a monopoly position in the industry. In the market of high-end mobile phone chips, it once had a market share of nearly 60%. Two of the three largest companies were equipped with Qualcomm chips.

However, it was also under his leadership that Qualcomm failed to successfully solve the problems of antitrust and industry competition, and ultimately could only hope to resolve the contradictions through capital operation.

Qualcomm failed to win its first choice Broadcom, but successfully won the second choice Avago, which also made Jacob lose his control over Qualcomm, as if Chen Fuyang had taken away the foundation in a flash.

Since then, Jacob’s angry voice has not stopped. At the beginning, there were many reports in the media, but there was no splash and even the reports decreased.

This time, because Qualcomm’s position was significantly weakened, causing a sharp drop in stock prices, Jacob’s voice emerged again.

He accused the head of Yike of collusion with the current CEO of Qualcomm. Although he had similar intentions before, this time he was extremely straightforward, which directly aroused certain doubts within Qualcomm, promoted analysis by external media, and ignited the interest of the crowd.

For this inexplicable accusation, the spokesperson of Yike directly replied to the media with a “very funny remark” and was unwilling to respond too much. What is there to respond to?

Inexplicable, fake at first glance!

Our President Fang did not vote at Qualcomm’s shareholders’ meeting at all!

Jacob was very angry and kept biting for several days. On the one hand, he criticized the weakness of the current management and CEO Chen Fuyang, and on the other hand, he also criticized the wolfish ambitions of Yike and Fang Zhuo, and by the way, called for attention to the development of Bingxin International.

As a former collaborator, Jacob is relatively familiar with the technical progress of Bingxin International and revealed some of the situations when he was in office.

“When Bingxin International first received the Qualcomm order, it was very reluctant! The reason why Qualcomm was willing to give it the order was largely due to the excellent design of Yike mobile phones. Its manufacturing capacity at that time was just at the threshold!”

“Later, Bingxin International built a stable R&D system with Yike’s continuous mobile phone orders. After two generations of mobile phones, it was able to carry out R&D iterations very stably!”

“Later, Bingxin International’s manufacturing capacity was already at the second-tier level in the world, and then it is what everyone sees now, it has even caught up with Taiwan and Intel!”

“Bingxin International looks inconspicuous, but it is moving forward. If no action is taken against it, the global semiconductor industry chain will be reshaped!”

“In particular, Bingxin International cannot be simply restricted. Yike is the source of its continuous progress!”

With the complete end of Qualcomm’s monopoly, the former iron triangle has become an enemy. Jacob has no evidence that Fang Zhuo is behind the scenes to seize power, but whether it is the surprise attack from Huaxia’s antitrust veto in this process or the ultimate biggest beneficiary company, he feels that this does not need any evidence.

Jacob couldn’t tell whether he hated Fang Zhuo or Chen Fuyang more, but he knew that he didn’t mind running to leverage more forces against the Yike system.

With the identity of the former head of Qualcomm, his actions also gained some traffic.

However, the media soon focused on the explosive results of Yike’s Q4 financial report in 2014.

Yike did not put the full-year financial report of 2014 together with the fourth quarter this year. Perhaps there is a plan to use such good news to boost the secondary market, because… the performance of the Mars 8.8 series is too explosive.

According to the fourth quarter data released by Yike, the company’s net profit was US$11.225 billion, an increase of 41% compared with US$7.961 billion in the same period last year, setting a record high. The company’s operating profit was US$15.091 billion, an increase of 38.8% compared with US$10.869 billion in the same period last year.

Net revenue in the fourth quarter was $46.459 billion, up 37% from $33.912 billion in the same period last year, also a record high.

Yike’s diluted earnings per share were $3.02, higher than $2.23 in the same period last year.

The earnings per share and revenue of the Q4 financial report exceeded the expectations of Wall Street analysts. Mainstream analysis believes that Yike’s earnings per share for this quarter are $2.60 and revenue is $42.156 billion.

In terms of product sales, Yike sold 8128fy in the fourth quarter of 2014, up 66.98% from 49.22 million units in the same period last year, sold 13.68 million Galaxy tablets, up 97.69% from 6.92 million units in the same period last year, and sold 7.284 million Y-Book laptops, achieving a breakthrough and establishment of the third curve.

As for other cloud computing, system ecology and other revenues, they are all included in others. Yike did not disclose them in detail, only giving “other revenues” totaling $4.15 billion.

Many analysts believe that Yike’s cloud service has made good progress in Europe, and considering its rapid development in China, this revenue has at least $1 billion.

And in this seemingly deliberately vague “other” it is likely that Yike’s licensing fees for chip design technology are hidden. After all, WLS has launched a more advanced baseband chip last year and has technical cooperation with Intel.

Yike’s Q4 financial report is very interesting. Mobile phones are still the main source of revenue for Yike, but the proportion has decreased. However, the Mars 8.8 series is very popular, which proves that its tablets and computers have achieved better results than expected, proving the success of Yike’s strategy to enrich its product line.

In addition, Yike also gave revenue data by region. The revenue growth of the European department was as high as 41%, the revenue growth of the Chinese department was 38%, and the growth of the American department was 35%. Other regions in the world also grew to varying degrees.

Along with such a fourth quarter report from Yike that created many historical highs, Yike’s board of directors also announced that it would pay a cash dividend of $0.37 per share to the company’s common shareholders. This dividend will be paid on March 12, 2015 to shareholders of record as of the close of business on March 9, 2015.

Yike’s Q4 financial report was released in the evening. Today’s stock price still fluctuated and fell, closing down 1.02%. However, in the after-hours trading after the release of the financial report, Yike’s stock price rose sharply by 6.37%, helping the market value to break through 400 billion US dollars again after the end of regular trading on Nasdaq!

Regardless of Washington’s attitude, manufacturers’ doubts, or Wall Street’s hype, the violent performance of the Q4 financial report directly supported Yike’s market value at this moment and once again polished its brand.

——The world’s first high-end mobile phone!

——The world’s best mobile phone brand!