Lenovo’s huge loss of 840 million： Google shares have fallen in value 60%，

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published in(发表于) 2016/6/3 9:42:01
Lenovo’s huge loss of 840 million： Google shares have fallen in value 60%，

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Lenovo's huge loss of 840 million: Google 60%-Lenovo shares have fallen in value, Google-IT information

On June 1, the Lenovo Group encounters the bad news.

According to Reuters IFR reported, Google Inc is looking to sell Lenovo stock, priced between HK $ 4.56~4.62 per share, to carry 218 million ~2.21 million u.s. dollars.

Although this did not get Google and Lenovo respond, but on June 2, Lenovo shares have crashed down, falling 4% throughout the day.

Google's shares have fallen in value 60%

In January 2014, Lenovo to buy Motorola mobile price of $ 2.9 billion from Google, Google retained most of the mobility Motorola mobility patented and highly confidential Department of Motorola.

On October 30, this acquisition completed, Lenovo paid $ 660 million in cash to Google, Google is also worth 750 million dollars, Lenovo shares (HK $ 11.22 per share, a total of 519 million), while the remaining 1.5 billion dollars in three-year Notes to pay. Google owns 4.67% shares of Lenovo Group.

After the buy Motorola mobile, Lenovo's share price rose from around HK $ 10 in February 2014, by May 2015, the highest or even the 37%.

But the joy did not last long. Beginning in May 2015, Lenovo's stock market began to show weakness and falling fast, the past year worst-performing stocks in the Hang Seng index. Shares in Lenovo HK $ 4.56, has a 5-year low. While Google shares above HK $ 11, stake's market value has shrunk 60%.

Google's stake just below 5%, fashion needs not be declared, so Google how many shares, also could not be learned from publicly available information. But if Reuters is true, according to the ratio of Hong Kong dollar 1:7.77, and the sale of HK $ 4.56/share price, Google's shares probably up to 370 million shares to be sold. In other words, Google would rather cut aggressively, and Lenovo sell most shares, or it could be all.

This cut much it hurts? If Google stock is not reduced to holding Association shares so far, so its 519 million shares, was HK $ 11.22/starting units, while the selling price of only HK $ 4.62/unit (according to Reuters reports a higher price), multiplied by the post with 519 million shares, the result is that Google will lose HK $ 3.425 billion.

Lenovo mobile slog

Google's intent to flesh out behind the legend recently came out of the bad news. On May 27, the Association has published annual report as of March 31, 2016. Reports show that transformation in a Lenovo PC business and mobile phones businesses both fell, full year net loss of 128 million dollars (about 840 million yuan), is the first time in 6 years the company lost money for the first time.

As the world's largest PC maker, Lenovo's PC business as the market slowed for the survival of poor performance, so the transition to the mobile service. But Motorola instead of Tim flowers for corporate performance, but to its continuing losses.

Lenovo direct cause annual losses associated with the acquisition. Annual report said the company operating expenses increased $ 20% to $ 6.686 billion, mainly due to the second quarter of this fiscal year, including restructuring costs and one-time charges, as well as Motorola and System x amortization of acquired intangible assets relating to the business, as well as Motorola trade acceptances issued as part of a three-year period total interest cost of $ 330 million. If excluding these total costs of $ 923 million, and non-cash expenses associated with mergers and acquisitions, Lenovo Group's continuing operations profit before tax "recorded a 976 million dollars" to be positive.

Lenovo's mobile phone business did not improve. In 2015, Lenovo's global smartphone sales fell 13%, sold 66 million was mainly "due to the decline of China and North America." Lenovo's global smartphones market share fell from 1.1% to 4.6%.

Report shows that Lenovo mobile services revenues during the reporting period rose 7% to us $ 9.779 billion, 22% per cent of the company's overall revenue. However, excluding the accounting treatment of derivatives of non-cash expenses associated with mergers and acquisitions, company mobile business recorded a pre-tax operating loss of $ 469 million.

To do this, said Yang yuanqing, Lenovo's Chairman and CEO, decided to give up the bonus given by the Board this year, and next year will give up in restricted stock and options. "Only the share price goes up, the option value. ”

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Friendship boats did not turn over? Lenovo said Jingdong phone is under system failure

On June 2, said Jing dong all Motorola phones in the Motorola official flagship store, was fully under the plane. The daily economic news reporter on the morning of the landing store found that Jing dong all Moto phones in the Motorola official flagship store--MotoX, MotoG two series of phones are in a State of off the shelf. Jingdong proprietary Lenovo mobile phones within the official flagship store with only three.

Lenovo mobile East off the shelves in Beijing Jingdong said the matter was still in communication. Associate Vice President, CMO of China Wang Chuandong said this was caused by a system failure. Currently being system tuning, but also in order to "618" adjust marketing programs. East are facing a long-term partnership with Beijing.

Insiders speculated that cooperation between the Association and the Jingdong there came a leak, Lenovo ZUKZ2 suning, cat recently started East of Beijing Platform could mottoes are not selected. On June 1, Alibaba and suning held a news conference saying, "currently has 5 billion yuan in two-Platform scale brands, such as Siemens and Lenovo, the size of 3 years to achieve annual sales of 20 billion yuan. "Yang yuanqing, Lenovo's Chairman and CEO, also attended the meeting, it is not known whether there exists a causal relationship between the two.

Prior to that, Vice President of Lenovo Group, MBG marketing General Manager Wang Feng in China answers about Lenovo ZUK phone Su Ning was chosen because.

"We chose partners such as suning, cat, suning is available online and offline channels, relatively rational profit data, can be very hard to push this product. We liked it below the line is very strong, this cooperation is not only of suning, domestic core customers are our next partner, not only now, this layout was started as early as two or three months ago. "Wang Feng said.

It is worth noting that, in the past, Chinese mobile phone industry is mainly dominated by the operator, Lenovo mobile sales, mainly relying on the carrier stores. Mr Yang has said in an interview, before 2015, think about 80%~ 90% mobile phones businesses rely on this channel, three operators in three formats, each one is customized, and are low-end products. This lead can do fine, the success of the channel but detrimental to the Association. So as the online platform of saturation flow, Lenovo is more concerned about the reconstruction of offline channels.

The daily economic news reporter noted, Motorola are sold in platforms such as cat, suning, which sold well. Reporters also asked the head of GOME group, each other, "said Gome's online and the company offline stores continued to sell Motorola's full range of mobile products. ”

In addition, there are rumours that Lenovo Mobile has the potential to permanently exit the East platform. If it is true, is not good news for Lenovo. Today, Lenovo faces a difficult, mobile services will not open. Lenovo mobile business for two years, through a price war to return to the Chinese market, if you lose the sales platform of the East, the battle has undoubtedly increased the difficulty.

21:30 as of last night, the daily economic news reporter log on again the store found Jingdong Motorola official phone is back to normal in the flagship store, Moto x Style only 16GB models display as "no bid", 32, 64GB models of the phone in a normal sale. Lenovo mobile phones all phones within the official flagship store is displayed as "no offer", the reporter tried to buy failed.

联想巨亏8.4亿：谷歌持股价值缩水六成 - 联想,谷歌 - IT资讯

6月1日，联想集团再次遭遇坏消息。

据路透旗下IFR报道，谷歌公司正寻求出售联想集团股票，价格在每股4.56~4.62港元之间，以套利2.18亿~2.21亿美元。

虽然这件事还没得到谷歌和联想的回应，但6月2日联想集团股价已经应声下挫，全天跌去4%。

谷歌持股价值缩水六成

2014年1月，联想以29亿美元价格从谷歌手中收购摩托罗拉移动，谷歌保留摩托罗拉移动的大部分移动通讯领域专利和摩托罗拉高度机密的部门。

同年10月30日，这桩收购正式完成，联想向谷歌支付现金6.6亿美元，谷歌还获得价值7.5亿美元联想集团普通股股份（每股11.22港元，共5.19亿股），其余15亿美元则以三年期本票支付。谷歌因此持有联想集团4.67%的股份。

在购入摩托罗拉移动之后，联想的股价从2014年2月的10港元左右一路上涨，截至2015年5月，最高涨幅甚至达到37%。

但这种欢喜局面并没有维持很久。从2015年5月开始，联想集团的股价开始显出疲态并快速下落，成为过去一年里恒生指数表现最差的成份股。如今联想集团4.56港元的股价，已经创下5年来的新低。而谷歌当初在11港元上方入股，持股的市值已经缩水六成。

由于谷歌的持股刚好在5%以下，进行减持无须申报，因此目前谷歌手中尚有多少股份，从公开资料中还无法获知。但如果路透消息属实，按照美元兑港元1：7.77的比例，以及4.56港元/股的出售价格，谷歌此次将要出售的股份恐怕高达3.7亿股。也就是说，谷歌宁愿大举割肉，也要抛售持有的大部分联想股票，也有可能是全部。

这次割肉有多疼？如果谷歌一股未减地持有联想股票至今，那么，其持有的5.19亿股份，入手时是11.22港元/股，而抛售价格仅仅为4.62港元/股（按照路透报道的较高价），两者的差价与5.19亿股相乘，得出的结果是，谷歌将损失34.25亿港元。

联想手机艰难前行

谷歌意图割肉出局的背后，是联想近期传出的坏消息。5月27日，联想发布了截至2016年3月31日的年度报告。报告显示，转型中的联想集团PC业务和手机业务双双下滑，全财年净亏损1.28亿美元（约合8.4亿元人民币），是公司时隔6年来第一次出现亏损。

作为全球最大的PC生产商，联想赖以生存的PC业务随市场放缓表现不佳，因此其一直向移动业务转型。但收购摩托罗拉移动非但没为公司业绩添花，反而给其带来持续亏损。

联想年度亏损的直接原因便与这桩收购有关。年报称，公司经营费用同比增加20%至66.86亿美元，主要是由于本财年第二季度包括了重组成本和一次性的费用，以及与摩托罗拉和System X两项收购业务有关的无形资产摊销，还有作为收购摩托罗拉交易一部份而发行的三年期承兑票据利息等费用共3.30亿美元所致。如果撇除这些总计9.23亿美元的费用，以及与并购有关的非现金费用，联想集团的持续经营除税前溢利“录得9.76亿美元”，是正数。

联想的手机业务并未有起色。2015年，联想全球智能手机的销量同比下跌13%，只售出6600万部，主要是“受中国和北美洲的表现下滑所致”。联想的全球智能手机市场份额也同比下跌了1.1个百分点至4.6%。

年报显示，报告期内联想移动业务的总收入同比上升7%至97.79亿美元，占公司整体收入约22%。但是，即使撇除会计处理衍生的与并购有关的非现金费用，公司移动业务仍然录得除税前经营亏损4.69亿美元。

为此，联想集团董事长兼CEO杨元庆表示，决定放弃本年度董事会所给的奖金，而下一年度也将放弃限制性股票，只拿期权。“只有股价上去了，期权才有价值。”