Tokyo Video Game Tycoon

812

"The latest market share, Facebook has grabbed 20% of the smartphone market, the rest of the manufacturers have 20%, and we have 60%. We still have an advantage."

In the new year, Mickford held the annual shareholder summary meeting as usual.

As a listed company, Mickford must regularly report its own financial report data every year, which is also responsible to investors.

Myron Keith has complete dominance, but it is inevitable to take care of the mood of these benefactors.

"Myron, this is not a good signal. We had nearly 70% of the market share at the beginning of last year, but by the end of the year, this share was quickly taken away by 100%. Tenth, why are Facebook’s products so popular? Have you and your team done a good study?”

Myron Case said: "Please don't worry, this is just a temporary appearance. Nowadays, the smartphone market is still expanding. In this state of expansion, market share fluctuations are inevitable. We are working hard to win General users, while Facebook is striving for some more core users, which will lead to a slightly different development direction between us and Facebook, but when the entire market stabilizes, we can still maintain an advantage.”

On the side, Myron Keith's deputy also said: "Gentlemen, Mr. Myron is right. You can look at our current financial report. Last year, our revenue growth rate was 70%. The speed has increased sharply, and although Facebook has not fully announced it, according to some detailed financial reports of their last quarter, their revenue growth rate in smartphones is actually not as good as ours.”

"Really?" The person who asked the question took a closer look at the financial report data at hand, and found that the revenue growth was indeed very optimistic, which made him feel a little relieved.

But he immediately said: "However, this Facebook is still very threatening. Why can they develop so fast now? You should give us some explanations."

Myron Keith's deputy said: "It's like this. Facebook is not fighting alone. Behind him is a company with the same strength. This company is a company from Japan called Youyou. Star Electronics Entertainment, I don’t know if you are familiar with it.”

"Youxing Electronic Entertainment? The one that makes games? Of course we know this. This is a company that is now on the Wall Street list. I have always kept part of my money ready to invest in this company. It is a pity that this company puts itself The protection is too tight, and until now, almost no one has been able to invest in this company."

In terms of revenue ratio, Youxing Electronic Entertainment is simply a monster.

This company is not listed, and outsiders cannot easily check the detailed data of the financial report. However, Wall Street also has its own news channels. Detailed data cannot be investigated, but rough news can still be investigated.

For example, there is a data in bold font in the financial report data of Nihon Keizai Shimbun in terms of external investment income.

Revenue from the entertainment industry earned $500 million that year.

Half of the 500 million US dollars came from the initial investment in Youxing Electronic Entertainment by a major shareholder a long time ago.

The income alone can reach hundreds of millions of dollars, how can this make people not greedy.

And they only occupy a very small stake in Youxing Electronic Entertainment.

However, until now, Youxing Electronic Entertainment has not the slightest intention to continue to accept investment.

People have money, but they don't need the investment money from outsiders.

Seeing the shareholder's envious expression, Myron Case felt a little uncomfortable.

The meaning of this shareholder seems to be that investing in oneself is just a backup option.

Whenever Youxing Electronic Entertainment accepts investment, these guys will immediately throw money at Youxing Electronic Entertainment.

Damn it, it takes a lot of energy to find ways to get more money from these guys, but Youxing Electronic Entertainment can get the favor of capital without any effort.

What's so great about this video game? How can there be excellent video games without strong enough hardware support?

Myron Keith's deputy said: "It is precisely because of the involvement of Youxing Electronic Entertainment that Facebook has greatly improved its operating system and software richness. In this regard, we are somewhat weak, and we are an important entity. Enterprises tend to open up software to others for research and development, while we do not have software and game-related research and development teams ourselves.”

The shareholder said: "However, video games are indeed a very profitable field. Look at Youxing Electronic Entertainment. Now, they can sell more than one million games at every turn, which is tens of millions of dollars. Among them, there are also many games that have sold more than 10 million, so this is hundreds of millions of dollars in revenue, how long will it take for you to earn back if you sell mobile phones?"

"It won't take long to earn it back." Myron Keith replied almost without thinking.

"Believe me, the potential of smart phones in the future is very large. It is no less profitable than the so-called video games. It is still in the stage of expanding the market and has not really revealed the full potential of smart products. Let alone hundreds of millions in the future. Profit in US dollars or tens of billions of dollars is not a problem.”

Myron Keith still has a considerable say in the company, and he is indeed a very discerning person. The smart product line he insists on has always maintained revenue growth. After some discussions among the shareholders present, He didn't say anything more.

Anyway, Myron Case can still ensure that his company is profitable, so they can still watch Myron Case patiently continue to operate.

And if there are any changes in the future, they are probably the fastest runners.

At the end of the meeting, Myron Keith felt quite depressed.

Half of today's financial report meeting was devoted to a group of guys discussing Youxing Electronic Entertainment and video games. They all obviously felt that the video game market was very promising.

This is really annoying.

But if you are unhappy, you are not happy, the reputation and revenue of Youxing Electronic Entertainment are real.

People have this strength.

Even now he has to build his own game development team from scratch.

Looking at facebook earning cash with such a simple candy fun game, it would be a lie if he wasn't envious.

It's just that the overall strength of the team he recruited is a bit weak. Why is there no one who can reach the level of developers of Zhuyouxing?