Some time ago, Apple's market value exceeded $3 trillion, setting a new record for global technology companies.
After Jobs's death, Cook led Apple to continue to climb the peak, and now there are still netizens who say that Cook is not capable, but just ate the "technological legacy" left by Jobs?
The market value of a listed company continues to rise, and in the final analysis, it still relies on performance support. "In fiscal 2021, Apple had revenue of $365.8 billion and net profit of $94.68 billion (600 billion yuan). This net profit scale is equivalent to Huawei's annual revenue. In 2021, Huawei's revenue is expected to be 634 billion yuan." Isn't it because of Cook's success that Apple has achieved these impressive achievements?
A few days ago, TSMC released a financial report, TSMC's revenue in the fourth quarter of 2021 reached $15.74 billion, an increase of 21.2% year-on-year, which is also the sixth consecutive quarter of TSMC's revenue growth, and continues to hit a new high. Based on this, for the whole year of 2021, TSMC's revenue was $56.82 billion, an increase of 24.9% compared with 2020.
Benefiting from the development of the industry, TSMC's market value has reached 729.8 billion yuan, surpassing Ali and Tencent to become the largest technology company in Asia by market capitalization.
Whether it is Apple or TSMC, both companies can be said to be the "leaders" of this era. Because the moats of the two companies are wide enough.
For example, TSMC, the global lack of cores that has lasted for a year is still continuing, so the impact has spread to many manufacturing fields, so TSMC has previously announced price increases.
TSMC has raised the chip foundry price across the board this year, the average price of chips this year has increased by about 8-10% compared with last year, and Apple, as its largest customer, has also had to accept chip price increases for the first time to ensure production capacity.
So the question is, even in the case of TSMC announcing price increases, why does Cook rush to place orders for TSMC?
In fact, it is also very easy to understand, before the media broke the news, Apple's self-developed new generation of A16 application processor has completed the design finalization, will use TSMC 4nm N4P process manufacturing, is expected to start in the second half of the year in TSMC Fab 18 factory into mass production.
Looking at the world, at present, there is only one TSMC that can complete the 4nm good product process, which is the moat of TSMC.
Then again, Apple's mobile phone has two major advantages, one is its own iOS system, and the other is Apple's A-series chips.
In the past, when Huawei's mobile phones were not restricted, Huawei's Kirin chips were also oem by TSMC, and at that time, Huawei's high-end mobile phones could also block Apple mobile phones in the domestic market.
But when Huawei's mobile phones were restricted, the iPhone 13 series released by Apple last year sold well in the Chinese market, and domestic brands such as Xiaomi OV did not have any strength to resist in front of Apple mobile phones.
So Cook, who is proficient in business, understands better than anyone that as long as Apple comes up with the most advanced A-series chips, coupled with the blessing of the iOS system, even if the iPhone 14 series comes to a wave of price increases in the Chinese market, China's fruit fans will have to pay. I don't know what you think?