Louis glanced at it and smiled. "No! There's a seat over there! "
Louis looked at the far end of the long table and walked over.
Generally speaking, those who were closer to the rostrum were of higher status, while those further away were of lower status. Fang Tian was arranged to sit furthest away.
Louis did not care about that. He walked furthest away and sat down beside Fang Tian.
It was rare for a group of business leaders in the IT industry to gather together. There was bound to be endless topics to talk about.
Fang Tian sipped his tea and did not speak. Even if he did, no one would pay attention to him unless he disagreed.
Louis looked at him and asked curiously, "Young man, why don't you express your opinion?"
Fang Tian said helplessly, "They don't agree with me, so I won't waste any more time!"
"Why?" Louis did not understand.
Fang Tian smiled. "They're all in the hardware business. I'm in the software business!"
Louis smiled. His interest was piqued. He asked, "What's the name of your company?"
"Soft cloud technology!"
Hearing that, Louis looked at Fang Tian. His eyes lit up. Obviously, he knew about Soft cloud. However, he did not say anything. He raised his head and listened to their conversation.
No matter what business, making money was the goal. Hence, the profit margin was very important.
At that moment, all the CEOs were talking about the profit margin of hardware manufacturing.
The hardware manufacturing industry was labor-intensive. Aside from the components, a large part of the cost of producing a mobile phone was labor.
Wei Shengjin stood up and smiled. "My company's profit margin has always been very high. Why? It's because of my excellent labor cost control. I encourage the production workers to work hard and do the work of two people each! "
How shameless. What excellent labor cost control? It was actually a sweatshop that drained the lives of the workers and squeezed the employees' salaries.
Fang Tian despised such unscrupulous bosses.
The other CEOs were not surprised by Wei Shengjin's shameless words.
Hardware manufacturing was labor-intensive. The labor cost was high. Who else would they squeeze if not the employees?
Chairman Zhang looked at Bai Wanjun and asked, "What's the profit margin of Wanjun Group?"
Bai Wanjun stood up and smiled. "30%! The highest in the industry! "
Awesome!
On average, each product sold had a third of the profit. This was indeed very shocking!
President Zhang praised, "Wan Jun, you are indeed an outstanding representative of the IT industry! Can the group still maintain such high profits in the future? "
"Definitely!" Bai Wanjun said confidently. "After all, high-tech hardware is the most profitable business!"
"Wrong, wrong! Big mistake! "Fang Tian didn't want to say it, but he couldn't help but retort.
"It's you again, brat. If you don't speak, no one will think you're mute!" Wei Shengjin said angrily.
"I'm just stating a fact!"
Fang Tian stood up and glanced at everyone. He smiled and said, "30% profit is very high? Let me tell you, the profits from software are at least 60% to 80%! "
"Fang Tian, I've realized that you only know how to bullshit and brag! Everyone, say, isn't this kind of person sick? "Wei Shengjin mocked.
"He must be crazy. How can software make so much money? This is the biggest joke in the world! "
"Hahahahaha …" Many people laughed together!
Just then, the CEO of "Blue Giant" IBM, Louis, stood up and patted Fang Tian on the shoulder. He said with a look of admiration, "Young man, well said! You are the most insightful IT person I've ever met! "
When he said that, the whole place was silent.
IBM was an old hardware company. Why would they agree with Fang Tian's point of view?
President Zhang was dumbfounded! Wei Shengjin was dumbfounded! Bai Wanjun was dumbfounded!
The whole place was dead silent. They couldn't understand.
Why would Louis say something like that?
Without a doubt, IBM was an old hardware company. Its products included mainframes, servers, laptops, and so on. It had a deep impact on the entire IT industry!
But why would the CEO of an old hardware company support Fang Tian's point of view? Fang Tian was in the software business. He said that software was more profitable than hardware. But look at her. Soft cloud did not even have a billion in production. Any hardware CEO would be richer than her.
President Zhang could not wrap his head around it. He had been the president of the IT Association for ten years and had never seen a software company make more money than a hardware company.
President Zhang looked at Louis and asked, "Mr. Louis, are you saying that software is more profitable than hardware?"
Louis smiled and nodded, saying, "Yes. I have no doubts about that! "
Bai Wanjun was shocked, but he maintained a calm expression. He asked, "Why? IBM is an old hardware company. It has a history of more than a hundred years and has created many great hardware products. Louis, I'm very surprised by what you said! "
Louis smiled. I haven't said anything that will surprise you!
IBM doesn't want to rely on hardware to make money in the future. They want to sell their computers and servers! They want to rely on software to make money in the future!
Even a tough guy is going to live off a woman!
If word got out, the whole place would faint!
Bai Wanjun would be so shocked that the world would spin!
Louis did not answer directly. He said, "Software is more imaginative. But China is a magical country. There are all kinds of pirated products. It is not easy to make money from software. "
"Then why do you agree with his point of view?" Bai Wanjun was even more confused.
Louis glanced at Fang Tian and smiled. "There's a saying in China that goes, 'Every profession produces a master of arts.' Whether one can succeed or not depends on one's ability. "
They realized that this foreigner's words were not meaningful. After so long, he still could not explain why software was more profitable than hardware.
Was it appropriate for an old hardware company to say that software was more profitable? Everyone was speechless.
There was only one explanation. Fang Tian and Louis must be friends, and Louis was on his side because of their relationship.
President Zhang asked the guests, and no one had any opinions. Even if they did not agree, no one refuted Louis because of his status.
President Zhang announced that the Summit Forum had come to an end. There will be a banquet tonight!
The guests stood up and left. There were still a few hours before the banquet.
Fang Tian and Louis were the last to leave. The two of them walked side by side.
"Young man, is this your school?"
Louis asked with a smile as he looked at the campus outside.
"Yes," Fang Tian nodded with a smile. "But I have always been working on my own. I rarely come back to school."
"Haha! You are very similar to the founders of many technology companies, "Louis said with a smile.
Fang Tian smiled and said, "I didn't do it on purpose. This is a great era. I just don't want to miss it."
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