WITH COM BACK OF IT IS A BLAST.
DON'T USE THAT WORD, STUART.
I WILL LEAVE IT AT THAT.
LET'S GO BACK TO AMAZON.
PRESIDENT TRUMP IS GOING AFTER
HIM, SAMENESS.
ROLL TAPE.
>> IF YOU LOOK AT THE COST WE
ARE SUBSIDIZING, WE ARE GIVING A
SUBSIDY TO AMAZON AND WE ARE
TALKING ABOUT ALIENS OF DOLLARS
A YEAR.
A REPORT JUST CAME OUT.
THEY SAID $1.47 AND FOR EVERY
TIME THEY DELIVER A PACKAGE.
THE UNITED TO ITS GOVERNMENT,
MEANING THE POST OFFICE LOSES
$1.47.
AMAZON WILL PAY MUCH MORE MONEY
TO THE POST OFFICE.
>> THE PRESIDENT HAS GONE AFTER
AMAZON FOUR TIMES IN THE LAST
WEEK.
THE STOCK HAS FALLEN
SIGNIFICANTLY.
SCOTT GALLOWAY IS WITH US.
NYU PROFESSOR OF BUSINESS AND A
CRITIC OF AMAZON, EVEN THOUGH HE
IS A SHAREHOLDER OF AMAZON.
RIGHT ON BOTH COUNTS?
>> I LOVE AMAZON AS A CONSUMER
AND INVESTOR IN THE TIME TO BE
GOOD FOR THE ECONOMY AND
MIDDLE-CLASS AND PLAN IT.
STUART: THE PLANET, COME ON.
I'M NOT GOING TO BE SIDETRACKED
BY THAT.
SO THE PRESIDENT IS GOING AFTER
THEM.
WHAT CAN THE ADMINISTRATION
ACTUALLY DO TO BREAK THEM UP?
IS IT ANTITRUST, THAT'S ALWAYS
GOT?
>> NOT A LOT.
THERE'S A DIFFERENCE BETWEEN
BEING RIGHT AND EFFECT IS.
THE PRESIDENT'S ACTIONS HAVE
HAVE EFFECTIVELY IMMUNIZE THE
AMAZON FROM REGULATION BECAUSE
HE'S TURNED IT INTO A PARTISAN
ISSUE.
IT'S NOW SEEN AS A PERSONAL
ATTACK BETWEEN BATHOS IN A POST
WHICH WILL TAKE PEOPLE INCLUDING
BERNIE SANDERS WHO RAISED
CONCERNS AROUND BIG TECH AND
RAISE THEM IN FRONT.
TO BE BLUNT, I THINK HE HAS
BLOWN IT.
THE DOJ IS COMMISSIONERS
APPOINTED BY THE PRESIDENT THAT
CAN'T REBOOT -- BE REMOVED BY
THE PRESIDENT.
DOJ IS A SET OF ANTITRUST LAWS.
AND I TRUST BE REWRITTEN BY
CONGRESS TO FTC IS COMMISSIONERS
WHO CAN BE REMOVED BY THE
PRESIDENT.
IF HE WAS SERIOUS ABOUT THE COME
HE WOULD HAVE MADE THE ARGUMENT
AGAINST BIG TECH AND PRIVATELY
GONE TO DEMOCRATIC AND
REPUBLICAN SENATORS INDICTED A
BIPARTISAN ISSUE.
THE PLACE TO GO GANGSTER ON
DISGUISES TO READ STRAIGHT A
TEASE.
THAT'S WHAT HE SHOULD HAVE DONE.
STUART: HE DIDN'T DO THAT.
HE TOOK TO HIS TWITTER ACCOUNT.
YOU THINK THAT'S AN EFFECTIVE
ALTHOUGH THE STOCK HAS COME
DOWN.
$1600 DOWN TO THE $1300 LEVEL.
YOU DON'T THINK IT'S BROKEN UP?
>> WATCH IT RIP RAP.
WE'RE ABOUT TO SEE A TRILLION
DOLLARS MARKET COMPANY THAT
EFFECTIVELY PAYS NO CORPORATE
TAX.
HE SAID THIS COMPANY DOESN'T PAY
ITS FAIR SHARE OF TAXES, WHICH
WAS RIGHT AND THEN HE BLEW IT
AND SAID STATE TAX ON LOCAL
TAXES.
THE BOTTOM LINE IS HE COMES
ACROSS AS UNINFORMED USING WEAK
DATA AND THEN THERE'S JEFF BEZOS
IN THE BACKGROUND FEEDING THE
PRESS DATA TO REFUTE EVERYTHING
THE PRESIDENT SAID.
ONE OF THEM ATTACKING
PRESIDENTIAL COME IN THE OTHER
IS PRESIDENT.
HE HAS BLOWN IT.
STUART: BECAUSE YOU THINK HE'S
GOING TO COME TO YOU THINK THAT
THE STOCK COMES ROARING BACK TO
BECOME A TRILLION DOLLARS
COMPANY?
>> THE MOST PROFITABLE PART OF
TECHNOLOGY, CALLED AS THE NUMBER
ONE MARKET SHARE LEADER.
THE FUTURE OF TECHNOLOGY WILL NO
LONGER BE DONE ON CURRENT.
IT WILL BE DONE VIA VOICE.
THE MOST VIABLE RETAIL CHANNEL
IN THE WORLD COMING U.S.
E-COMMERCE OF THE 45% SHARE.
THE BIGGEST CONSUMER MARKET IN
AMERICA.
AMAZON IS NOW THE FASTEST
GROWING BROCHURE WITH WHOLE
FOODS.
AMAZON IS ABOUT TO BECOME THE
ONLY ENTITY IN THE WORLD OUTSIDE
OF THE FIRE AND POLICE
DEPARTMENT THAT CAN MAKE IT INTO
HOUSE WITHOUT YOUR PERMISSION
BECAUSE 62% OF HOUSEHOLDS THAT
AMAZON PRIME ARE GOING TO
INSTALL RING AND SAY WE LIKE AND
TRUST YOU SO MUCH YOU CAN COME
INTO MY HOUSE AND PUT UP IN MY
REFRIGERATOR.
TRILLION DOLLARS BY THE END OF
THE YEAR.
THAT'S THE GOOD NEWS FOR THE BAD
NEWS IS THEY WILL PAY
EFFECTIVELY NO CORPORATE INCOME
TAX.
STUART: A TRILLION DOLLAR
COMPANY, WHAT STOCK PRICE
DOESN'T HAVE TO DOESN'T HAVE TO
REACH TO GET TO MARKET
VALUATION?
>> IT HAS TO GO TO 50%.
STUART: YOU ARE TALKING ABOUT
$2100.
TRANSPORT HAS TO GO TO 2060.
FOR APPLE IS 26.
STUART: THE GOOD PROFESSOR HERE
THINKS WILL DO AT THIS YEAR.
>> I'M NOT A STOCK MARKET
ANALYST HERE AND THERE NO
STOPPING AMAZON.
THE ONLY THING BETWEEN THE
MARKET VALUATION WAS REGULATION
ON THE PRESIDENT HAD UNWITTINGLY
IMMUNIZED AMAZON AGAINST
REGULATION.
HE'S BLOWN IT.
STUART: YOUR BOOK --
[INAUDIBLE]
STUART: YOU'RE WELCOME.
YOU TAKE UP AGAINST OTHER BIG
TECH COMPANIES.
LIKE FACEBOOK SHOULD BE BROKEN
UP IN SOME WAY?
BY THE TOXIC FATS CAN BE
WESTERNIZED BY A FOREIGN ENEMY
HAS A COMMUNITY MORE VAST THAN
CHRISTIANITY, THAN CHRISTIANITY
COMING AS THEY A SEE OTHER
PROPOSES BREAKUP OF SHARE SUCH
THAT HE COULD TELL A STOCK COULD
NOT BE REMOVED FROM OFFICE
COMMOTION EFFECTIVELY MAKES IT
AN INFORMATION AGE AUTOCRAT
OVERSEEN A POPULATION GREATER
THAN THE SUM OF THE SOUTHERN
HEMISPHERE AND ADDED THE VALUE
OF INDIA.
WHAT COULD GO WRONG?
I THINK THEY SHOULD BE BROKEN
UP.
MORE HIGHER INCOME A BROADER TAX
BASE, IF WE HAD FACEBOOK,
INSTAGRAM, WIFE APP INSTEAD OF
JUST FACEBOOK.