What did Jack Ma and Tim Cook say on WSJ.D

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At the WSJ.D. held by the Wall Street Journal, Jack Ma and Cook took the stage to be interviewed by the Wall Street Journal reporter, talking about the company's business and cooperation between the two parties. The two companies have been getting closer recently, and there is a lot of room for cooperation between the two parties. Jack Ma also talked about his plans for the film industry. The following is a summary of the conversation:

In his opening remarks, Ma Yun admitted that the decision to buy half of the Evergrande football team was made after drinking. Earlier, Xu Jiayin had said that "I got him (Ma Yun) drunk" before discussing the investment.

Regarding Alibaba's future plans, Jack Ma, as always, stood at a very high standpoint. He said, "A company of Alibaba's size must think about the future. What we want to solve are problems related to physical and mental health." He also mentioned the environmental conditions and believed that China's air will be as good as that of the United States in ten years.

"The wealth of the Chinese people is growing extremely fast, but although their wallets are full, their minds are empty." Jack Ma believes that movies are the best remedy for the spiritual deficiency of the Chinese people.

Ma Yun also disclosed Alibaba's thoughts on the film industry. He believes that Alibaba is actually the world's largest entertainment company, because every night 80 million people browse Alibaba's shopping website casually, but do not buy anything. This part of the entertainment demand needs to be met. China will have 200 million middle-class people in the future, and they are in urgent need of good cultural products. China will soon become the world's largest film market.

It is reported that Ma Yun will stay in California in the next few days to hold exchanges with relevant people in Hollywood. "I like watching movies, but it doesn't mean I can make good movies, so I want to learn in Hollywood and see how they make excellent movies."

Ma Yun also talked about Alipay, which is the third largest payment system after Visa and MasterCard, and user data is the most valuable asset of Ali. When talking about the possible marriage between Apple Pay and Alipay, Ma Yun immediately said: "Apple is a great company, and I am very interested in cooperation. I respect Apple, they have done many extraordinary things, and I think we can work together to create something."

Cook visited China not long ago. His main purpose was to discuss the Apple Pay cooperation with UnionPay. So what did Cook say about the cooperation with Alibaba when he took the stage afterwards?

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Cook revealed that he will discuss cooperation with Jack Ma on Apple Pay and Alipay this week. Cook said, "I respect and admire Jack Ma and his achievements very much. We plan to talk about cooperation later this week." He commented that Alibaba has a flexible team and outstanding talents. Both sides can promote each other's growth and are very willing to work together.

One is eager for the Chinese market, the other is eager to enter the United States. I am afraid that the two sides have more than one point of cooperation. Cook also revealed that more than 1 million Apple Pay credit cards were activated in 3 days. He commented that CVS's move was disgusting.

In addition, Cook also talked about the battery life of Apple Watch. He himself charges it once a day, which he thinks is normal because it will be a deep product and people will use it frequently. "Apple Watch will be a wearable product with far-reaching significance." He also emphasized that Apple Watch will cater to the preferences of fitness and fashion enthusiasts. "When you wear a product, it must look cool and not too geeky. Apple Watch is such a product."

Cook believes that Apple's value is now underestimated, and stock repurchases are secondary to investing in a business, with investment being the top priority.

When asked whether the battle between Android and iOS will repeat the battle between Mac and PC, Cook said the metaphor is not quite right: "There are not enough apps on Mac, but iOS does not have this problem. There are more than 1.3 million apps on iOS, and many developers develop apps for iOS first, and then develop corresponding Android apps. Last year we sold 250 million iOS devices, and I don't think iOS is an unpopular platform."

He also talked about the discontinuation of the classic product iPod Classic: "The main reason for the discontinuation of iPod classic is that the assembly parts cannot be purchased. It is not cost-effective for Apple to produce these parts by itself. At the same time, the market demand for this product is not too high, and the company finally decided to discontinue iPod classic."