The global stock market crash began on October 19 last year. As soon as the New York stock market opened, the Dow Jones index suddenly fell after a period of stalemate. Panic suddenly enveloped the entire New York stock market. Investors sold stocks regardless of price until the market closed. The index plummeted by 508.32%, or 22.62%, exceeding the historical record of the New York stock market crash on October 29, 1929.
The plunge in the U.S. stock market quickly spread around the world. The Financial Times Index fell 183.70 points, a drop of 10.8%, setting the largest daily decline in the British stock market; Japan's Tokyo Nikkei Index fell 620 points, the second It fell another 3,800 points on the day, with a cumulative decline of 16.90%; the Hang Seng Index fell 420.81 points, a drop of 11.2%; the stock markets of France, the Netherlands, Belgium and Singapore respectively They fell by 9.7, 11.8, 10.5 and 12.5%, and the Brazilian and Mexican stock markets plummeted by more than 20%.
Throughout October, the U.S. stock market value lost 800 billion U.S. dollars, Japan lost 600 billion U.S. dollars, the United Kingdom lost 140 billion U.S. dollars, Taiwan lost 32 billion U.S. dollars, and Hong Kong lost 30 billion U.S. dollars. This stock market crash caused a total loss of The world's major stock markets suffered losses of US$1.8 trillion, equivalent to five point three times the direct and indirect economic losses of World War I.
"Do you have any good ideas Steve?"
When Peng Hanka 1.0 came out, Kunpeng Software Company did not attract Gaici's attention, but then Peng Hanka 2.0 came out and after purchasing it, through research, Gaici found that Peng WPS 1.0 far exceeded the Word 1.0 developed by the company. He immediately became alert. Later, due to the plummeting stock market and poor market response to Windows 2.0, Apple G was sued to court. He was so distressed that he stopped paying attention to Jiangcheng Kunpeng Software Company.
Unexpectedly, Jiangcheng Kunpeng Software Company secretly developed a Chinese version of a microcomputer operating system with a graphical user interface in a year and a half, and quickly obtained the company's invention patent certificate granted by the China Patent Office and received support from the government. .
Gates immediately had a premonition that the problem was getting serious. Micro-R Company has not yet set up a representative office in China. IBM invested US$50,000 to have Microsoft develop PC-DOS for it through IBM PCs and IBM dual-use machines, using a bundled sales approach. Entering the Chinese market, most Chinese users only know PC-DOS, not MS-DOS, let alone Windows 1.0 and Windows 2.0?
The invention patent right of PC-DOS belongs to IBM. MS-DOS can also be sold in China, but it is not qualified to apply for the company's invention patent in the Chinese Patent Office. This is one of the main reasons why MicroR has not entered the Chinese market.
MicroR Company currently has not applied for a company invention patent with the China Patent Office, and is not eligible to apply for review of Peng OS1.0.
The latest Windows 2.0 on the market does not have Chinese functions. It is planned to develop Windows 3.0 with Chinese functions. In the future, it will go to the China Patent Office to apply for the company's invention patent. Peng OS 1.0, which has Chinese functions and graphical user interface functions, stands in the way. Jiangcheng Kunpeng The software company must apply for an objection, and the China Patent Office must file an objection against Jiangcheng Kunpeng Software Company. Even if there is no infringement, it is very likely that the company's invention patent certificate for Windows 3.0 will not be obtained within 18 months as stipulated in the patent law.
By that time, Peng OS3.0 may be available.
Now entangled in lawsuits, the company has developed Windows 1.0 and Windows 2.0 based on MS-DOS 2.0 and borrowed ideas from the Mac OS graphical user interface. Therefore, it is not eligible to apply for the company's invention patent in the Chinese Patent Office.
Authoritative organizations in the computer industry predict that the Chinese market in the 1990s will be the fastest-growing market for microcomputers. Once Peng OS 3.0 takes up most of the market share, it will use the low-price method commonly used by MicroR companies today to prevent Windows 3.0 from entering. Chinese market.
This is a major issue that needs to be solved first before Chairman and CEO Gai Ci. Investors did not believe him and took the lead in voting with their feet, causing the stock price to plummet.
For the past two days, the young Gai Ci has been hiding in his study, thinking hard, but has not thought of any effective countermeasures. Peng OS1.0 has to wait until 386 computers are launched in China before it can reach the hands of customers, and he cannot get the source of Peng OS1.0. Code, difficult to evaluate and the pros and cons of Windows 2.0? But the faxed GUI photos, coupled with the Chinese version of the technology, are already ahead of Windows 2.0. Is it plagiarizing the Mac OS GUI idea? Apple G will definitely respond.
"Bill, I suggest that the company set up a representative office in Beijing as soon as possible and send experts to understand the situation before the company makes plans!"
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"John, the company's stock price plummeted 8.79 points at the opening!"
Vice President Frank Zinkman walks into the office of IBM Chairman and CEO John Evans.
Last Friday, IBM's stock price fell from $31.44 to $27.88, a plunge of 11.3%.
"Frank, please immediately instruct the office in Beijing to send someone to the China Patent Office to apply for review of the company's invention patent for Peng OS1.0!"
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"John, the company's stock price plummeted by 6.34 points as soon as the market opened. The situation is not good!"
Apple G Chairman Mike Makkula walked into CEO John Sculley's office.
Last Friday, Apple G's stock price fell from US$1.58 to US$1.42, a plunge of 10.13%, and a plunge of 20% in two days.
If the company's management fails to come up with an effective response strategy and the company's stock price does not improve for a long time, the company's board of directors will definitely take the blame and their positions will not be guaranteed.
Sculley's annual salary last year was as high as $2.2 million, making him the highest-paid manager in Silicon Valley.
In May 1985, with the support of board members, CEO Sculley dismissed Chairman Jobs from his position in the Macintosh department, retaining only the vacant position of chairman. In September of the same year, Jobs was dismissed by the company's board members. In anger, Si resigned as chairman, left Apple G, sold the company's shares, took away five Apple G engineers, and founded NeXT Software Company.
After Jobs left, Markkula became chairman of Apple G.
On December 12, 1980, when Apple G IPO, Jobs held 9.2 million shares of the company, accounting for approximately 15% of the company's total share capital. He was the company's largest individual shareholder and served as Chairman of the company; Mark Kula holds 7 million shares, accounting for about 11.4%, and is the company's second largest individual shareholder, serving as the company's CEO; Watts holds 4 million shares, accounting for about 11.4% At 6.5, he is the third largest individual shareholder of the company and has returned to the University of California, Berkeley to complete his studies. Sixteen strategic investors, including Rockefeller, Xerox and Rothschild, have appointed people to serve on the company's board of directors.
"Mike, I will immediately send someone to the China Patent Office to apply for reconsideration and find out whether Peng OS1.0 developed by Jiangcheng Kunpeng Software Company plagiarized our graphical user interface idea?"
MicroR has provided evidence to the court on the accusation of plagiarizing the MacOS graphical user interface idea. Scully regretted the contract he signed on behalf of the company and agreed to allow MicroR to use part of it if it continued to produce software such as Word and Excel for Apple G. Apple G graphical user interface technology.
In 1981, IBM and MicroR joined forces. MicroR provided PC-DOS, and IBM disclosed its PC manufacturing technology to manufacturers. IBM PCs and IBM dual-purpose machines became very popular, and their market share increased steadily. The market share of Apple G computers It's getting worse.
