As the CEO of Google, Page has always been very precise in controlling the general direction.
But this time, he overturned too badly.
So much so that shareholders felt that he might have some difficulties.
"As for the market feedback on Android 3.0, I believe everyone has seen it through emails."
"I sincerely apologize to everyone. The responsibility for this incident rests solely with me."
"I hope everyone can be more rational. Any company will encounter various ups and downs on the road to growth."
Page took out a prepared speech and read it loudly.
10 minute later.
Page ended his speech while looking around at everyone's reactions.
To his relief, the shareholders who had been murderous just now calmed down.
Obviously, everyone accepted his apology.
This is actually reasonable.
After all, Google is a large company with a market value of tens of billions.
The impact of this mistake was not so severe as to cause serious injury.
Shareholders only felt that a momentary mistake by Page and others caused the company's stock price to plummet.
It's far from being unforgivable.
Since Page took the attitude of admitting his mistake, everyone accepted it.
However, just apologizing will definitely not be enough to send the crowd away.
"This is the end?"
A director in his 50s stood up and asked: "What's next? We would like to pause for a moment on Mr. Page's follow-up plans."
"Yeah, we can't wait all day for this dry apology, right?" Another director next to him echoed.
Other shareholders also nodded.
"It doesn't matter if you apologize or not, the stock price can't fall anymore!"
"Even if the Android system is no longer available, you still have to give me something, right? What does this mean now?"
"Mr. Page, could it be that you held the celebration party last night and haven't woken up yet today?"
Faced with aggressive shareholders, Page also had troubles that he couldn't tell.
He was eagerly waiting for Su Ze's plan to be delivered, but until now, he hadn't seen even a word.
"Su Ze, for the sake of God, please save me!"
At this time, Page even began to wonder if Su Ze was deliberately retaliating against him by letting him go.
But even if this is the case, Page can only stabilize the people present first.
"Our follow-up plans are still under discussion, and we will explain them to you today. Please wait patiently."
After saying that, Page wiped the sweat from his forehead, stood up and walked out of the conference room.
Shareholders looked at each other in blank dismay.
"What should I do?" The 50-year-old director from before looked confused.
He participated in countless board meetings, and for the first time, he encountered a situation where the CEO ran away early.
Others looked equally at a loss.
"It doesn't matter. Since Mr. Page said there will be news today, let's continue to wait."
"At least for now, we don't have any other options."
At this critical juncture, ousting the CEO is not a good choice.
A last-minute coaching change is likely to cause the stock price to plummet again.
Moreover, Page's ability is obvious to all. Although he made a big mistake this time, it was not heinous.
The most important point is that Page does not subjectively harm the company's interests.
So they were willing to give Page a chance to make a difference.
As soon as Page walked out of the conference room, she saw Hannah coming towards the elevator.
"My God, it's finally here."
As his personal assistant, Hannah obviously could only come to him.
At this moment, apart from the arrival of Su Ze's plan, he really couldn't think of another reason for Hannah to come to him.
"Why don't you bring the plan with you? It's already a mess."
Paige frowned because he noticed that Hannah's hands were empty.
Faced with the question, Hannah looked confused.
"Plan? What is that?"
"Aren't you here to give me Su Ze's plan?"
Page's heart skipped a beat, and he suddenly had a bad feeling.
Sure enough, Hannah shook her head.
"No, Mr. Page."
"The heads of Motorola and Samsung's San Francisco division have arrived. They seem very angry and say they must see you immediately."
Page covered his face and sighed in despair: "God, can't they come at another time?"
The failure of Android 3.0 not only brought Google down from the altar, but also caused considerable losses to Motorola and Samsung.
While Google's stock price fell rapidly, the stock prices of these two companies also took a free ride, and their market values continued to shrink.
In addition to the sluggish performance in the stock market, the biggest headache is the stockpiling of goods in their warehouse.
Since the first-day sales volume was previously estimated at around 150 million units, the two companies simply prepared 500 million units.
In the original plan, this was just their total sales for a quarter.
Therefore, in addition to these stockpiles, the two companies also signed long-term agreements with factories.
To prevent the subsequent supply schedule from being delayed.
But after the first day's sales came out, the heads of the mobile phone and tablet business departments of Motorola and Samsung felt their blood pressure explode.
A tablet computer priced at US$700 costs about US$300.
500 million sets, with a total cost of about US$15 billion.
For a digital product that has not yet been released, this scale of stocking is unprecedented.
If Google hadn't taken the lead, they wouldn't have made such a move that went against common sense.
And the worst thing is that this time they lost miserably.
The heads of relevant business departments of the two companies were frantic.
Because if this matter is not handled well, you will be fired from the company and kicked out of the industry.
In more serious cases, you may be subject to a lawsuit or jail time.
So the heads of the two companies combined their efforts and decided to immediately go to Google to ask Page for an explanation.
In fact, Page also knew that they would come back to find him sooner or later.
But I didn't expect that the other party couldn't even wait for a day.
When he was most helpless, something happened to add insult to injury.
"How about... I help you push them away?"
Seeing that Paige's expression was extremely ugly, Hannah asked cautiously.
Paige shook her head.
Although he really didn't want to see those two people, if he really left them alone, it would be equivalent to severely offending these two major hardware manufacturers.
At this juncture, Page didn't want to make any more enemies for herself, so she had to meet people.
But what should I tell them when I meet them?
Page grabbed his hair hard, racking his brains but couldn't think of anything.
5 minute later.
He and Hannah took the elevator to the office one after another.
"The two gentlemen are already waiting inside," Hannah said.
Page nodded: "Go and wait outside. Don't disturb us if anyone comes."
"Okay, Mr. Page."
But this time, he overturned too badly.
So much so that shareholders felt that he might have some difficulties.
"As for the market feedback on Android 3.0, I believe everyone has seen it through emails."
"I sincerely apologize to everyone. The responsibility for this incident rests solely with me."
"I hope everyone can be more rational. Any company will encounter various ups and downs on the road to growth."
Page took out a prepared speech and read it loudly.
10 minute later.
Page ended his speech while looking around at everyone's reactions.
To his relief, the shareholders who had been murderous just now calmed down.
Obviously, everyone accepted his apology.
This is actually reasonable.
After all, Google is a large company with a market value of tens of billions.
The impact of this mistake was not so severe as to cause serious injury.
Shareholders only felt that a momentary mistake by Page and others caused the company's stock price to plummet.
It's far from being unforgivable.
Since Page took the attitude of admitting his mistake, everyone accepted it.
However, just apologizing will definitely not be enough to send the crowd away.
"This is the end?"
A director in his 50s stood up and asked: "What's next? We would like to pause for a moment on Mr. Page's follow-up plans."
"Yeah, we can't wait all day for this dry apology, right?" Another director next to him echoed.
Other shareholders also nodded.
"It doesn't matter if you apologize or not, the stock price can't fall anymore!"
"Even if the Android system is no longer available, you still have to give me something, right? What does this mean now?"
"Mr. Page, could it be that you held the celebration party last night and haven't woken up yet today?"
Faced with aggressive shareholders, Page also had troubles that he couldn't tell.
He was eagerly waiting for Su Ze's plan to be delivered, but until now, he hadn't seen even a word.
"Su Ze, for the sake of God, please save me!"
At this time, Page even began to wonder if Su Ze was deliberately retaliating against him by letting him go.
But even if this is the case, Page can only stabilize the people present first.
"Our follow-up plans are still under discussion, and we will explain them to you today. Please wait patiently."
After saying that, Page wiped the sweat from his forehead, stood up and walked out of the conference room.
Shareholders looked at each other in blank dismay.
"What should I do?" The 50-year-old director from before looked confused.
He participated in countless board meetings, and for the first time, he encountered a situation where the CEO ran away early.
Others looked equally at a loss.
"It doesn't matter. Since Mr. Page said there will be news today, let's continue to wait."
"At least for now, we don't have any other options."
At this critical juncture, ousting the CEO is not a good choice.
A last-minute coaching change is likely to cause the stock price to plummet again.
Moreover, Page's ability is obvious to all. Although he made a big mistake this time, it was not heinous.
The most important point is that Page does not subjectively harm the company's interests.
So they were willing to give Page a chance to make a difference.
As soon as Page walked out of the conference room, she saw Hannah coming towards the elevator.
"My God, it's finally here."
As his personal assistant, Hannah obviously could only come to him.
At this moment, apart from the arrival of Su Ze's plan, he really couldn't think of another reason for Hannah to come to him.
"Why don't you bring the plan with you? It's already a mess."
Paige frowned because he noticed that Hannah's hands were empty.
Faced with the question, Hannah looked confused.
"Plan? What is that?"
"Aren't you here to give me Su Ze's plan?"
Page's heart skipped a beat, and he suddenly had a bad feeling.
Sure enough, Hannah shook her head.
"No, Mr. Page."
"The heads of Motorola and Samsung's San Francisco division have arrived. They seem very angry and say they must see you immediately."
Page covered his face and sighed in despair: "God, can't they come at another time?"
The failure of Android 3.0 not only brought Google down from the altar, but also caused considerable losses to Motorola and Samsung.
While Google's stock price fell rapidly, the stock prices of these two companies also took a free ride, and their market values continued to shrink.
In addition to the sluggish performance in the stock market, the biggest headache is the stockpiling of goods in their warehouse.
Since the first-day sales volume was previously estimated at around 150 million units, the two companies simply prepared 500 million units.
In the original plan, this was just their total sales for a quarter.
Therefore, in addition to these stockpiles, the two companies also signed long-term agreements with factories.
To prevent the subsequent supply schedule from being delayed.
But after the first day's sales came out, the heads of the mobile phone and tablet business departments of Motorola and Samsung felt their blood pressure explode.
A tablet computer priced at US$700 costs about US$300.
500 million sets, with a total cost of about US$15 billion.
For a digital product that has not yet been released, this scale of stocking is unprecedented.
If Google hadn't taken the lead, they wouldn't have made such a move that went against common sense.
And the worst thing is that this time they lost miserably.
The heads of relevant business departments of the two companies were frantic.
Because if this matter is not handled well, you will be fired from the company and kicked out of the industry.
In more serious cases, you may be subject to a lawsuit or jail time.
So the heads of the two companies combined their efforts and decided to immediately go to Google to ask Page for an explanation.
In fact, Page also knew that they would come back to find him sooner or later.
But I didn't expect that the other party couldn't even wait for a day.
When he was most helpless, something happened to add insult to injury.
"How about... I help you push them away?"
Seeing that Paige's expression was extremely ugly, Hannah asked cautiously.
Paige shook her head.
Although he really didn't want to see those two people, if he really left them alone, it would be equivalent to severely offending these two major hardware manufacturers.
At this juncture, Page didn't want to make any more enemies for herself, so she had to meet people.
But what should I tell them when I meet them?
Page grabbed his hair hard, racking his brains but couldn't think of anything.
5 minute later.
He and Hannah took the elevator to the office one after another.
"The two gentlemen are already waiting inside," Hannah said.
Page nodded: "Go and wait outside. Don't disturb us if anyone comes."
"Okay, Mr. Page."
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