to play defense. the stock, taking in it stride. it has been a pretty stable performer. >> a lot of speculation there about its future. >> i think the multinationals with all the tentacles somewhere else. >> we'll see if we hear it from anyone else. that does it for us. "fast money" begins right now. live from the nasdaq markets overlooking times square, tonight "fast," disney is falling. the man himself bob iger will be joining us for an exclusive interview to talk about everything from espn to his blockbuster magic and he'll be in the sweet seat later on. plus the white house taking aim at a drug stock with a few simple words. and under armour said don't

underestimate us. why doesn't he put his money where his mouth is? first we start with a bit of a mystery. maybe you can guess the stop. give it a try. less than $2 away from its all time high. up 48% from its most recent low in may. 2016. still not sure. since that low, it has added a staggering $200 billion in market cap. just to give you some context, that is worth more than the entire value of disney which just reported earnings. so do you know what it is yet? guess? >> he has his hand up. >> we'll tell you. apple. >> would you have guessed it? >> the all time high. also just 11 points away from a split adjusted price of a thousand bucks a share. the tech sector is outperforming all the other sectors by a wide margin, thanks in part to apple. the question is why is apple

trading line a growth stock again? your theory. >> i think it is because everybody focused on what we talked about going in, the services. they had record numbers which i think surprised a lot of people. we kept hearing, this phone, everybody is waiting on the next phone. they have record numbers on the phone, on the mac, on the watch. when you look at the record revenues, records across the board. everybody was expecting the worst. then they see the services are growing still. we've gone back and forwards. 18% growth is still growth and a huge growth area. we've separated this out before. when you look at the services themselves, that as a stand-1 company would be as big as everyone else. when you look at the size and the growth in that one area. 52-week high -- >> it is not substantial enough to make the argument that's why this stock back now almost 50% from the 52-week lows. it is not. 18%. >> so what is it trading on

right now? >> less than 10% of that company's total sales. it is expected to do $230 billion in sales. except for the fact after last year, the first earnings and sales decline in 15 years, it is only expected to grow about 8% on the eps line and 6%. that's not -- >> but here, dude, brother. >> i don't know how you can say it. >> 47 company. >> it is the largest company there is and it is growing at that rate. >> but i hear you talking about services growing 18%. that's not exciting. it is just not. >> dude brother. that's never happened. as a member, you're talking about a pretty small base. one thing i think is also

important here. i don't tone stock. sure, i wish i did because it is near its all time highs. i think there's a floor under it in hopes that the next phone will be fantastic. in the interim, it is not the valuation has gone way above value stock. remember, this is a hardware business. this part of services. so it is not a crazy multiple. if you look at, i'm sort of intrigued with something like sam sung. also in that business. >> we're looking at apple stock versus the p.e. ratio. as you can see here, the last time it was close to an all time high, the p.e. ratio in the orange, was fairly low. i mean, here we are. we're approaching that above and we're pretty much right there. >> yeah. the $230 billion in cash is

trading like a multiple. >> 4:40 in, welcome to the show. >> don't -- i know you're a little agitated today. let's all just ride it out. dan knows a lot. >> 4:40, dan mentioned cash. and i think apple has been punished for their cash position. what happened in early november? anybody? guy knows. president trump got elected. what was he talking about? repatriation of cash. who has $236 billion laying around? >> well, i think -- >> don't forget. they have a very big debt position as well. not that they can't handle it. of course they can. it's a pretty big knock. a third of that is probably dead. >> if they were not able to

repatriate that money, i think it would be hugely, in my opinion, a benefit for the stock. >> i think it is in there though. >> it could be. we talked about this in january. i thought, a lot of us, i've not been crazy about it. go back to april 2016. the stock made an all time high. 134.54. i thought there was a very good chance that into earnings the stock would print. that it didn't do into earnings but it is pretty close now. that's where i think the target for apple is. >> we had three mega companies report earnings. google, facebook, amazon. they all failed after results right at the all time highs. that's an important thing. we think about apple and its ability to catapult above the all time highs. the guy who does the charts who comes on here a lot. what does he say? when you get back to those highs, a lot of people have

really long memories and they're willing to let go of stocks. i think it will have rallied from those may lows, all the way back. i'm not certain it has enough gusto to get to it. >> i think it does. based upon the cash that they bring in. the cash flows are incredible. we talk about it every quarter. we're like, $27 billion. unbelievable. when you look at the app store within businesses, what kind of margin levels do they have? it's about 90%. what is the driver of services? the apple store. where do they have a billion devices? apple. >> with those app store talk, you're talking about itunes and selling media. that has high margins. except that they don't have a video offering. it is a company that is worth $10 billion. $10 billion, has doubled the subscribers that apple music does. you can't tell me with a company with an installed billion users

across this world and they have 20 million subscribers to the music service? i'm telling you that their services sector is a bust. if you want to keep -- >> growing at 18%. you're calling a stock, a 52-week high today whose services are growing at 18%, as a company is the biggest there is. >> they have a huge product release. >> it is still a hardware company but it is building into devices. and as they grow globally. and we have huge openings in front of them yanld and china. as that starts to open up and as that growth comes. >> what does this mean for technology overall? wasn't just apple flirting with an all time high. we had netflix. >> netflix, you know where my stand is on netflix. i think netflix continues to go higher. we've said it a while.

reed hastings, one misstep, maybe two during his tenure. say there is a huge cash burn which by the way there is. competition. i don't know what the competition is. you asked about netflix. i think it goes higher and i think it is an acquisition. >> what do you think about tech overall? >> google and then facebook. i like it. they should be at all time highs. the market is at an all time high. they had been the leaders going into the sxleks then lagged. i think they'll be back. for me, i like the facebook and google business model much better than the hardware model of apple. >> i want the facebook model as well. last night you asked, what do you think going forward? what's one stock? facebook. i believe that. they have great drivers. zuckerberg is magnificent. he is obviously beating everybody. you talk about who is really

winning in the instagram world? we know. it's instagram. >> if you don't like apple here -- >> i think it is important. >> how does this -- >> she just said something really interesting. she said maybe they'll come back. they're back. amazon is up 12%. apple is up 18%. they're driving that the s&p is up 2%. if you're making your bed these guys, they'd better continue on outperform the market or we better see a massive rotation into some other sectors. we've already seen a lot of rotations. we've seen them that banks and industrials and energy. i just don't know what it is going to do. the nasdaq is a lot more extended than the s&p 500. it could break to the upside. i don't know what will do it. we're talking about cash

repatriation. you heard the president. i'm not sure we'll get that this year. probably said it better than he did. if that is a 2018 thing, we've got a real problem. if you're buying all these stocks. they're bringing back all this cash. >> you're not buying just the repatriation. you're buying the earnings themselves. at least a 52-week high. take a look at the applied materials. or klac. in the chip space that sfweed the chips themselves. they're hitting highs for a reason. the chips are high. it has nothing to do with the reparticipate yags. >> we had 200 worth in the last two months and a lot of that. they did have a lot to do with it for all intents and purposes, peter. >> now you're peter.

>> and then peter. >> we have to go break. >> the big story, bob iger will be here to talk about preferring the "star wars" to espn to just how long he'll hold on to the reins of disney. a julia boorstin exclusive. plus, following the stock, it is what he didn't say that has our traders shaking their heads. and the white house taking aim at drug stocks. we'll tell you the words that sent chills through health care sector. say carl, we have a question about your brokerage fees. fees? what did you have in mind? i don't know. $6.95 per trade? uhhh- and i was wondering if your brokerage offers some sort of guarantee? guarantee? where we can get our fees and commissions back if we're not happy. so can you offer me what schwab is offering?

what's with all the questions? ask your broker if they're offering $6.95 online equity trades and a satisfaction guarantee. if you don't like their answer, ask again at schwab.

is this the team that knows how to win? i think a lot of people, they bet against tom fwroid other night, too. >> what a comparison. speaking to scott, not to bet against his company like some did. tom brady in the big super bowl

game. he did ask, scott did, if kevin plank would consider buying back shares of under armour to restore confidence and here's what he had to say in response. >> wave good company. we have people working hard. we just need on tighten the belt a little bit. give us the opportunity to impress you. we're not looking to buy back stock. i remain the largest shareholder. i've had lots of opportunities to sell my stock and i haven't. it is not just because i like being in under armour. >> don't bet against tom brady. don't bet against you understand armour and i'm not buying any stock. so should investors be betting on a super bowl like comeback? plank is not putting his money where his mouth is. >> i'm a little surprised. it wouldn't be that big a deal to put in some sort of buyback.

you don't even have to do it. when your stocks are trading at the multiples like that, this isn't buying back stock where it is tremendously, when you trade there. it's not like the cash bounces are gigantic where there is an underutilized bounce. >> this is something you brought up yesterday. >> he was basically mealy mouthed about it. we also know when we talked about it, steven nguyen when his stock wednesday to the 150s and he was buying the shares once again. how many do you need to buy? if he really has that commitment, it really does show up. when he buys a million and a

half shares. he is in to it win it. >> on february 6, he bought a million shares. plank is in it to win it. >> you like underarmor here. >> i remember, nike was plagued by investors. nonstop. this is a company that might have had maybe they had $5 billion in sales in the late '90s which is what they are supposed to have. i think that you get what's going on here. at some point they'll turn it on. listen, $20 here. >> now they no longer do that. so a second ago you were arguing about apple and now you're

arguing about this. >> this is a company that's doing something -- this is apple in 1997 or naum 2002 with the launch of the ipad. this is what's going on here. >> what was the ipod? sleeping pants? a shoe? athlete recovery? >> there's a liquor side to this whole story as well. >> ask me a question, where do you like to go? shopping. tj maxx. what do you see there? ? all i see is under armour. >> i said i buy it. >> nike has outlets in every other town. >> so does under armour. we're talking about something that is a $120 item that's going for $12. >> we spend a lot of time talking about management here. this is an inspired guy. >> he is a great guy. he created this brand and he's done it 20 years.

>> haven't there been cases where that founder is not necessarily the right person for the next phase of growth? >> yes. we've seen him come back. there's the business which has a hiccup. still on a tremendous trajectory. the biggest problem is that they were trading way too high. so those are two very different things. i think the stock is priced too much for perfection mountain middle of a -- >> a hiccup. >> trading at 40 times. >> today's price, it is down a half%. it does not appear this was a capitulation by any stretch of the imagination. i don't know what the low was in march 2009 but it was lower than that. that i think is a chance to trade into the high teens.

the stock is very expensive and kit seemingly continue to deteriorate in terms of margins to point and any other metric you want to use. still ahead, disney almost flat. why? we will ask some guy named bob iger or something like that. that's the one. he'll be joining us to talk about what drove quarter and much, much more. in the meantime, here's what else is coming up on "fast." >> he's for it. absolutely. >> the words that took down drug stocks today. and we'll tell you the stocks that can feel even more pain to come. plus, melissa said it before but i'll say it again. bob iger, bob iger, bob iger. he'll be here exclusively to talk about the quarter in a live and exclusive interview. that's ahead on "fast money." getting your quarter back. fountains don't earn interest, david.

you know i work at ally. i was being romantic. you know what i find romantic? a robust annual percentage yield that's what i find romantic. this is literally throwing your money away. i think it's over there. that way? yeah, a little further up. what year was that quarter? what year is that one? '98 that's the one. you got it! nothing stops us from doing right by our customers. ally. do it right. let's get out of that water. itbut one i think with quesa simple answer. ally. do it right. we have this need to peek over our neighbor's fence.

and once we do, we see wonder waiting. every step you take, narrows the influence of narrow minds. bridges continents and brings this world one step closer. so, the question you asked me. what is the key? it's you. everything in one place, so you can travel the world better. only at&t offers you all your live channels and dvr on your devices, data-free. it's entertainment. your way.

welcome back to "fast money." we have an earnings alert on panera and wild wings. if you have a susan lee fan and who isn't, it doesn't get better than this. do not adjust your screen. she is playing double duty. she has been monitoring both of the conference calls. hey, susan. let's stop scaring the audience. we're going to start with panera bread. the only stock that gained on its earnings release this afternoon. the quarter was pretty. in whine the estimates. no. we did see the sales miss but the market ignored that and instead focused on forward

guidance. panera still reaping the gains from its 2.0 strategy. earnings higher to a higher range of $45 to 770. projecting sustained double digit growth. also predicting 3.5 to 4.5% growth. up 17% since the election. a different story for buffalo wild wings which is being sold off after hours with some pretty good volume. an ugly report for them last year. despite the big miss in costs which was twice as bad, buffalo wild wings is forecasting growth of 1 to 2%. that's pretty good. but they did give a very weak eps outlook. to have more franchise in the future, they did went the right to nominate four directors on the board. a reminder for you, like i need

to remind you, we just passed peak wing day when over 1.3 billion wings were consumed during game. they did mention the super bowl over the conference call. they did talk about how wonderful the brett favre commercial was. >> thank you very much. susan li doing double duty for us. >> i didn't have the buffalo wild wings. >> i have a whole microphone thing. >> he really maze into his hands. they're probably feeling a little indigestion. i'm surprised it isn't down more. with a big multiple like this and you miss, i'm surprised it hasn't gotten more.

they probably have 16% eps growth give or take. the margins have been hanging in there. when chipotle went through their problems, i think panera won to this. 15% of people bet against the stock for a long time. i think there's room on the upside. i know it is a little crazy for a restaurant stock on get that valuation. >> i know you're having microphone issues. >> shares of disney are trading lower after 7% reported earnings. bob ig her jones us for an exclusive interview. plus, michael kors is getting crushed. where, in all of this, is the stuff that matters? the stakes are so high,

your finances, your future. how do you solve this? you don't. you partner with a firm that advises governments and the fortune 500, and, can deliver insight person to person, on what matters to you. morgan stanley.

kors. welcome back. shares of disney are volcano i'll following the earnings report. we're just minutes away from an it's exclusive interview with bob iger. we'll talk to him. plus, twitter taking on troels ahead of the earnings report. it will be enough to get

investors in? next up, with all the details on this developing story. >> of course, trump has said multiple times that he wants to bring drug prices down but it has been a key question whether he means he actually wants medicare to negotiate drug prices. a reporter asked sean spicer about it. >> he is for it, yes. when you look at the cost, not just drug costs. the u.s. government has not done, you look at frankly, the easier way to look at is it what other countries have done. negotiating costs to keep it down. >> even referring to other countries. that raising some red flags. people saying do we want to be like europe which has single payer systems? you can see it gapping down on those comments midday. we decided to take a look at

this. these are drugs you would take at home. $7 billion in medicare spending. and if you look at part b, what you take in the doctor's office. of course a lot of these drugs are facing generic competition so that will change. throws 2015 numbers. it is interesting to see what the exposure is to medicare as folks may be trying to line up trades, with trump possibly seeking to work congress on this. >> it was interesting, i was looking at the big pharma companies. the largest biotech companies, they managed to stay in the green on the heels of those headlines. are they seem to be most exposed

to this? maybe they're moving around because they're smaller, volatile names. it was interesting to see this. interesting, the gilead conference call is going on now. about the price of harvoni. people are using it to show that it works. it was for a course of treatment. now on average it costs $15,000 a month or $45,000. that's more than half price off that list price. their saying competition works. >> it came in quite light. thank you. >> you made it a point for a long time that this is probably going to happen. >> it's interesting. it didn't react that much. we've seen the threat a couple times. to the point of, i'm wondering

how much of trump's agenda he will be able to get done. it is taking a lot longer and there's a meaningful shot that the party becomes very fractured and he is not able to get it double. this would seaman easier one politically. >> how are you feeling with biotech? >> i'll not feeling very good about what i own, gilead. it gives myself a little premium but it is still painful. the guidance is awful. this quarter was bad, the guidance is terrible. at what point does gilead have to make the acquisition? you are a fast trader. you've been sticking with gilead a long time. >> longer than i probably should. it was just in '73, '74.

it was right near where i got it. but i still think that they will make an acquisition. they have so much cash that they can make it. that's the problem they face. they need a different drug path. they've hit the home run. >> i think it is a great company. they have so much cash. given the environment right now and the potential for big changes in drug pricing, do you do anything? >> i think there are enough company that have been beaten up over time that i think the opportunities are there. that will maybe take away some of the headache of what will be college in the future. >> i'll say this. look at the health care select. the slv. johnson and johnson, pfizer, merck. really had two days after the election, right? this is something where you would have thought that a republican coming into the white house would be good for this sector. that hand been the case. it is topped out around 72 in november. and then today, back to 72.

so i think you sell it here. look for a move back down. >> check out disney. ceo bob iger sitting down with julia boorstin for an exclusive interview right after this break. you're watching "fast money," cnbc, first in money world wide.

welcome back. one of the most widely admired ceos in america with julia boorstin for an exclusive interview with disney's bob iger. >> there is always a big focus on espn and it continues to drag on results. what trends are you seeing in terms of subscribers? >> well, we've said a number of times on espn, there's way too much pessimism on espn. it is still in command from the three constituents you want. one, distributors, two, consumers, and three, advertisers. the reason it is in demand, the demand is strong and the product is good. and we are keeping that product

as high quality as possible. so when you look at the trends, some erosion as we've talked about before for the expanded basic multichallenge service. some comes from people not seige up as early as they used to. some groms some disconnects and some comes from a migration from skinnier bundles. we've seen some erosion and that's all there is to say about that. what we have talked about, what are the strategies that we're putting into place to contend with what we see in the marketplace. one, i talked about keep your programming strong. the second one is make sure you are launching on every new over the top or more modern digital service. we believe that is going to occupy a good part of the future. it is less expensive, easier to use, more mobile friendly.

we've made some deals they haven't launched yet. that's the trend we're most focused on. >> at what point will the new digital subscribers like who lou which will launch soon. >> we have not said how many subscribers we have yet and nielsen is only just starting to measure the subscribers. we believe at some point in 2017, those subscribers will be fully measured and that will have some impact. we mentioned them in two ways. i don't want to get into too much detail there. but clearly as nielsen starts to include them, they'll have an impact on the nielsen household base. >> what about your revenues and your profits from espn? >> first of all, it is revenue mutual to us. the rates that we're getting

from those new services per sub are the same as the rates that we get roughly the same that we get on the traditional distribution side of the business. the other thing is in all the homes, the notion of a skinny bundle that excluded espn is not the case in the new world order. that's a good they know. it was very much part of the core strategy that we deployed in order to, you stem the tide. >> at what opponent will you break espn free from that bundle? even the digital bundles? it is too early to predict that. i'm not suggesting at this point that we will ever fully break it from those other bundles. we'll see when direction the business goes. what we do intend to do is to launch a sports service, a multisports service on the platform at some opponent in

2017. that will include a number of espn product in it and we'll see where that takes us. >> what other consumer products could we speck to see disney have? >> i think it is likely. down the road there is a strong possibility that there will be a disney brand director consumer product. we launched one in the uk and we've learned a lot from that launch. the possibility exists that we'll do that in the united states. we've got a few other steps we're taking first including some moves on the ecommerce front through consumer products that are not video related but more physical goods-related. to take advantage of new digital technologies. >> on the call you said there should be fewer ads. are you making some changes? >> i think in today's world, we have to be mindful of the number of commercial interruptions. so i think it is safe to say,

we're all looking at that. it shouldn't necessarily mean we're that to make changes. it doesn't rule out the possibility but it is too soon to say. >> rogue one was a huge movie but not as big as the force awakens. how does that impact your skrat in. >> i said that. when we bought lucas film, we had a goal of three saga films. a very tres. eight, the last jedi. i saw it recently, that comes out december 15 in the u.s. we're very excited with that. and nine is in the early stages of production. so that's in great shape. we decided to add to that mix so-called star wars stories or stand alone films. the first was force awakens. the second was an origin story of hans solo which is just going into production. so this is gravy for us.

it is a lot of gravy in the expense rogue one was an extremely the high grossing film. the high nest 2016. one of the $4 billion films we release asked i think that's, that says a lot about the strength of the franchise and the future of "star wars." how many more we'll make, we don't know but we know we're 2 for 2 with "star wars" and we're interested in continuing. >> what are the chances you will stay beyond when your contract is supposed to expire? >> i said on our earnings call a few minutes ago, i made the decision that 2018 would be my last year the company it was. a very personal decision. i started at abe and i've been ceo since 2005. almost 12 years.

and obviously, i will do what i think is in the best interests of the company and the board will help determine that. i believe we have a strong robust underway. it is a strong process. able successor will be chosen under the right circumstances at the right time. if it is in the best interests of the company for me to stay longer, i'm open mined about that. >> you serve as a member of trump's economic advisory council. what do you hope the accomplish? >> well, i think it is a great opportunity for the president to hear from the business community. and as a member of the business community, it is a great up the to have a direct peep liipelinee president and the members of his team. it specifically impacts the country and the industry and our

company. and so i have i think a real strong, good opportunity to be sole representative of our industry on a number of very important issues. intellectual property protection, trade-related issues. specifically for disney. any changes in the tax law could have a pro found impact on our bottom line. we pay very high corporate tax rate. we believe it is time for that to be reexamined and that could be a real boone. >> are you concerned about the impact of president trump's immigration ban? >> look, this nation was founded by immigrants. and i think where we are as a nation is due to having an openness to people of the world. it is incredibly important. and i have, i firmly believe that we cannot shut our borders to immigrants. and so i think a fair and just immigration policy is good for our country and good for

society. >> president trump has taken a very confrontational approach to china and there have been talk that he might start a trade war with china. you have a great relationship and a huge presence this clean with your shanghai park. is there any chance president trump's approach would impact the park? >> i don't know that we know what president trump's approach is. i do know that the commission that you talked about, the ceos that have been chosen to represent different industries to the president will have something to say. may have had something to say about it. the meeting that occurred last friday. i could not attend that meeting because of a conflict with a disney board meeting. i think that we all know that trading with china is really important. the relationship this company has with china is certainly important. both from a movie perspective, a parks perspective, and it would

be damaging to disney's business and business in general. and it is something to be careful. about not to say there shouldn't be things on the table to improve things with clean but it would be unfortunate we entered into a trade war that would do a lot of short term damage to our businesses. >> and i know we're out of time. i want to get a final question on the theme parks. we saw big gains overseas, particularly because of the shanghai park. what is your outlook for this coming quarter as people start to book represent thes for the spring? >> well, our theme park division had great results for the quarter we just announced. we have new product into the market place. we're ordering avatar land in florida, for instance. and we have disneyland paris,

for instance and there's hong kong and shanghai that are doing very well. and you can't say enough about shanghai. i said on the call, we've done over 7 humming.

five tons of rice in shanghai. >> how many tons of rice? >> five tons. >> what? you said you want to ask a question. >> forget it. >> coming up, the social media

giant reports thursday. say carl, we have a question about your brokerage fees. fees? what did you have in mind? i don't know. $6.95 per trade? uhhh- and i was wondering if your brokerage offers some sort of guarantee? guarantee? where we can get our fees and commissions back if we're not happy. so can you offer me what schwab is offering? what's with all the questions? ask your broker if they're offering $6.95 online equity trades and a satisfaction guarantee. if you don't like their answer, ask again at schwab. bp engineers use robotic ultrasound technology, so they can detect and repair corrosion before it ever becomes a problem. because safety is never being satisfied. and always working to be better.

zmmpl the options market is implying some big moves.

what do you see? >> the options market is implying a 90% move in either direction. that's in line with the last four quarters. the average move has been about 12% in either direction. it has only gone up three times. it has a hold, 16. the sentiment on the street couldn't be worse. 28 hold and about eight sell. the average 12-month price target is below where the stork is trading at 16.50. you know the drill. the quarter will be okay. the guidance will be bad. if it can hold to levels not too far from here, that's when you go in and buy it. >> for more options action, check it out on friday at 5:30. coming up, guy stows binge on this rally. find out what the name is when "fast money" returns. this is the food system.

but what if it didn't have to be? at blue apron, we're building a better food system. where we value quality and flavor over quantity and shelf-life. where chefs and farmers work together to make farms healthier, grow higher quality ingredients, and deliver them in-season, ripe and ready to cook. because food is better when you start from scratch. blue apron.

or keeping a hotel's guests cuttinconnected.i to 35,000 fans... businesses count on communication, and communication counts on centurylink. ♪ king arthur: ready! washington: charge! empress wu: charge! (in chinese) king arthur: charge! ♪ let your reign begin. evony, the mobile game. download now. hthis bad boy is a mobile trading desk so that i can take my trading platform wherever i go. you know that thinkorswim seamlessly syncs across all your devices, right?

oh, so my custom studies will go with me? anywhere you want to go! the market's hot! sync your platform on any device with thinkorswim. only at td ameritrade back with the final trade. pete? >> the action of the gold miners is outrageous. gdx, huge buying. gdx going higher. giddyap. >> yes. gm earnings was a little disappointing for some. i thought the reaction down 5% was really overdone. i'm going to let it shake out a day or two but then i'll be buying more. >> xlv. i think sell it here. a tight stock. >> the next ceo of disney after iger in 2018?

>> iger. >> no. no. reed hastings. i'm telling you. say it, pete! >> you know what i'm saying. >> i'm melissa lee. thank you for watching.