tv After the Bell FOX Business June 18, 2014 4:00pm-5:01pm EDT
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margin but the stock is moving. amazing. >> plenty of attention, up 6.2%. [ closing bell ringing ] >> the record ringing, another record day for the s&p 500. it is well above today. a big beat on the record on the s&p. 1956.90. almost 1957 it. may settle the upside. all the markets doing extremely well. fedex, amazon, certain companies doing extraordinarily well today on a day the fed gave the markets the news want itted to hear. "after the bell" starts right now. . liz: big swings in the market before and after 2:00 p.m. eastern, when the fed came out with announcement. today's action and the reaction. we've g
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we've got cambria chief investment officer who says now is the time to buy some of the worst performing economies. fixed income strategist will tell us if it's time to buy u.s. treasuries specifically, and todd horowitz in the pits of the cme, what was it like at 2:00 p.m.? >> we're moving up, the pits themselves have been quiet. a lot of outside buying that's pouring in here, especially because we have triple-witching expiration. janet yellen gave the markets exactly what they wanted to hear and firing on all cylinders and why they are so concerned on the s&p on a daily basis. still haven't figured that out. the markets are moving quickly and, of course, we're going to close at an all-time record high.
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i think i hold the record for being here, being the only bear in the crowd. david: not exclusive the only bear in the crowd. you don't particularly care what the fed thinks, you don't particularly care for u.s. stocks right now. on a day like today, doesn't that change your mind a little bit on u.s. stocks? >> we think it's great u.s. stocks are going up. we have u.s. stock fund. but it's a relative world, right? we don't live in a world of one country. 45 countries and many more opportunities outside of the u.s. we think there's, if you buy a basket of the countries, you can get valuations at roughly half of where the u.s. is. liz: okay, well let's get to your picture about why you think even at a time when it is quite obvious the fed will put the gigantic pillow underneath the market as we witnessed today. big rally. why not buy u.s. equities? >> look, perfect example right now. world cup is on. i'll be cheering for the u.s.
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on sunday. but portugal's stock market is half the value of the u.s. right now. the u.s. is kind of expensive, not terrible, there's lots of opportunity else and a lot of the countries, brazil, russia, most of europe, greece, are much, much cheaper than the u.s., and over five years you'll get much better performance abroad than you until the u.s. stock market. david: anthony, you are not as fixed on stocks as a lot of people are today. interest rates, the extraordinary drop in interest rates, how much longer do you think interest rates can stay this low? >> first, we think today's action is good for stocks. here in the u.s. as well. we'd be a buyer of stocks. important to the earnings environment. today's fed action for bonds was positive. not much new from the fed, but what we did hear suggests that interest rates will be lower for longer. the big takeaway was drop in the long run fed funds
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forecast. the dots that the market talks about. that was lowered from 3.75 from 4%, that suggests the fed may not ultimately raise rates as high as was initially anticipated. that tends to support the current yield range, i don't think it boosts prices a lot more. i don't think so. the lower for longer range which supports more of those economically sensitive sectors, corporate bonds, high yields, bank loans. david: i am going to pressure you, i asked for a specific number. when do we go over 3% on the 10-year for example? >> i think it happens later this year, i think we're in a range for the time being. 3% late this year, and finish up 3.25 on the 10-year. liz: todd, your best guess what really happens as it appears the fed will continue to do exactly what it did today. keep chopping off 10 billion from the large scale asset
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purchases, if you did it by october, then we're done. then what, when do you see the fed funds futures pits get excited about a possible rate tightening? >> i think they're going to start getting well before that. i think they're going to start to anticipate. you're going to watch the reaction. we had bear reaction in the bond market themselves. as we get closer, you're going to see more of a function of what happens. the traders are going to put into play first the action and going to start to raise the rates. liz: hold on, let me interrupt here, right now the fed funds futures pits are pricing in a rate tightening at the end of the 2015. the fed is saying the same thing but saying basically it would be .77% for the fed funds futures. how quickly does that move? >> that starts the movement quicker than anybody thinks. if we are in a better economy,
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yes, we're pricing the rates in 2015, but if we are truly in a better state, the rate should move much quicker. higher rates would be better for the economy if we're moving to a new economy that's going to work with growth and real jobs and not the services jobs we've been adding every single month. that's more of the problem. if we are truly growing and janet yellen is correct in speak, we are going to see rates jump sooner and federal rates will go higher. david: a lot of people, including people at federal reserve like richard fisher say it's not up to what the fed does, it's up to what a lot of politicians do in terms of easing the business environment, the business climate for businesses, lowering tax rate, getting rid of the onerous regulations preventing the economy from going stronger. that's the change have to see happen. i know you like the companies overseas, but when you look at greece and portugal, i wonder
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if they had the dramatic policy change that would increase growth? >> well, this is always the challenge with the geopolitical events, right? you look at politicians that are doing crazy stuff. when i was on the show a month or two ago, we were talking about pounding the table for russia. no one was in russia and the russian stock market up 20% off bottom. so often you want to be investing when things look terrible or worse and not investing when things hit new highs or doing as good as they are in the u.s. historically, that's a better way for the u.s. >> picking usa for the world cup, buy portugal and greece and russia if you go into the stocks. great to see all of you. todd, stay right, there we're going to check in with the s&p futures close. david: sounds wild in the s&p futures pits. gm may have ignored early
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warnings of the ignition problem that resulted in at least 13 deaths, could this mean there was an institutional cover-up? the man who started the movement for across-the-board car safety regulation thinks so, consumer advocate ralph nader is going to be here in just a moment. liz: can't wait to hear what he says. the fed sharply downgrading and giving no new information on the time line for rate hikes. what got investors so exciteed? what are they seeing out there? we talked to a former fed official and the "wall street journal"'s fed insider. david: they know what's going on. looking to ring up new business, launching its own smartphone, is it a smart move to enter this crowded market or amazon setting itself up for failure? we're going to debate that. got people on both sides of the issue. liz: tell us what you think, we've shown it to you, giving you the details. can the amazon fire phone succeed? would you buy one?
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would you switch? tweet us, we'd love to hear from you. [ male announcer ] what if a small company became big business overnight? ♪ like, really big... then expanded? ♪ or their new product tanked? ♪ or not? what if they embrace new technology instead? ♪ imagine a company's future with the future of trading. company profile.
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. david: shares are rising on results of a possible partnership. liz: let's go to nicole on the floor of the new york stock exchange. >> reporter: uber launched in 2010, there is the potential tie-up of hertz with uber where hertz could use uber's technology and applications, where uber customers could ultimately find a way to rent a hertz vehicle, and use their rental service, and that vehicle could be, this is in europe predominantly and the vehicles could be higher and within where you are standing, so use the gps model, and in that case you would hire the hertz vehicles. hertz says they are having some conversations. they can't disclose with whom or what they are speaking about. in the meantime, well, you know everybody on wall street thinks something is up. the stock jumped nearly 5% today for hertz.
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just to give you valuations here. san francisco based uber launched in 2010 has a value or has been valued at roughly 18 billion dollars. well hertz is less than that, and hertz is formed in 1918 and now valued at around 12 billion. back to you. david: not bad, thanks, nicole. liz: we got the 20th record of the year for the s&p. let's see how the futures are closing. back to todd horovitz in the pits of the cme. >> reporter: i've been here for every one of them, the markets are closing up on their highs. a lot of data coming out tomorrow, i think it means nothing, we're trading the fed and have the week triple-witching options expiration. should create a lot of volatility tomorrow and friday based on the options expiration. i don't think we'll get a true picture after the options expiration is over. we're on the absolute highs of the day. liz: good to see you, thank you so much. david: thank you. general motors ceo marie barra
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was back on capitol hill challenged about the company's ignition switch recall delays. here's a little bit of what she had to say. >> i will not rest until these problems are resolved. as i told our employees, i'm not afraid of the truth and not going to accept business as usual at gm. david: ralph nader says he knows the truth, he believes it was a massive 13-year institutional cover-up at gm. joining us now, ralph nader consumer advocate and author of a terrific new book, unstoppable, the emerging left-right alliance to dismantle the corporate statement more about that later on, ralph, when we have you next time. first on gm, what specific evidence do you have that there was a 13-year institutional cover-up? >> cover-up means they don't disclose key information under the government, under the law
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that would save people's lives and prevent crashes. she's already said it's incompetence, neglect, irresponsible, you don't have to have someone in a smoke-filled room saying let's make this a cover-up. the whole internal bureaucracy of gm colluded by escaping responsibility to do the right thing, and the net result was a gm cover-up. david: well, you had a former u.s. attorney, look at whole thing pretty carefully, granted it was a gm subsidized report, but what did you think of what he had to say about it? >> he's looking at it from a prosecuting attorney, look for an individual culprit or culprits in gm who basically said shut all the doors, shut all the closets, don't tell anybody anything. that, we have no evidence that that happened. what we have overwhelming evidence from both his report
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and what mary barra is saying being very critical about the internal inaction on this faulty switch problem is that given all the horizontal and vertical committees and subcommittees and discussions, no one said we got to make this public, we got to recall the cars fast, obey the federal law and inform the department of transportation, when you add that all up, it's an institutional cover-up. you can't put a corporation in jail but you can indict a corporation. david: that's right. >> and further prosecutions would suggest the justice department is looking into two congressional committees are looking into, there's a lot to find out. she's got to pay much more attention to the millions of people who own cars who must have cars recalled and repaired fast. david: by the way, the attitude that you were talking about in the report, they called it the
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gm nod or the gm salute, which was a folding of the arms at one of the meetings and basically going uh-huh, i see, i see, and walking out of the meetings and doing nothing. is that what i'm referring to? >> that's the best part of the report, david. people will remember, that they've all been at bureaucratic meetings. who hasn't, and basically it's both the language and the gestures around the table of avoiding responsibility, accountability. david: what should gm be doing about it now? we understand that this is a mistake, the report said it was a mistake, they should have taken more action, should have been proactive. what should gm be doing that they're not doing now? >> mary barra said employees should report defect discoveries to the supervisors, if they don't get action, contact her in the ceo office. i'm saying that's not going to work. the engineers are not going t
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risk their careers to do that. the only way it works is to establish an independent ombudsman with total access to her and the president of the company, and so any engineers who early on find out what's wrong and want to save a bailful of trouble for gm and safety for the customers, they send, they go to the ombudsman, they're given complete confidentiality. the umbudsman zooms directly to ceo mary barra and that information has to be reported to the department of transportation. when you have that system, people will step forward, they'll take the conscience to work and do the right thing. david: is there a precedence for this? has this happened before, the establishment of ombudsman? >> not that i know of in any corporation, the drug companies, insurance companies, banks, they all have. that that's the only way you
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protect conscientious employees from retaliation. david: there is a question whether the bankruptcy and the bailout had anything to do with this problem? of course, obviously, these problems go back before there was a bankruptcy and bailout, but did those things affect this recall problem at all? >> probably. gm was in tremendous financial disarray looking at the cliff of bankruptcy in 2008, 2009. they didn't have good management, and when that happens, the problems radiate from the top all the way down. horizontally and vertically. i'm quite familiar with the internal bureaucracy of gm and makes the government bureaucracy pail by comparison. david: that is about what your book is about. if you have corporate statism, that is worse, right? >> that's right. the merger of big government and big gm that led to a lot of this disarray.
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david: if you want to read about corporate statism, the book is unstoppable, it is detailed in the book. we want to have you back to talk specifically about what's in the book. thank you very much. >> thank you very much. liz: charlie bunger and warren buffett said indict the individuals that's how you change behavior. david: remember sac capital. liz: of course, shares of adobe hitting all-time highs following better-than-expected earnings, the software maker is taking it to the cloud and executing strategy quite well. it's paying off. the stock jumping. next, we have adobe ceo on subscription growth expectations, how he pulled it off? and adobe's first hardware product, you got to see it. david: another all-time high for the market, despite a gloomier outlook for the growth from the federal reserve. what has the markets so excited? coming up, we're going to be talking to former fed official
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the fastest printer. the fastest lunch. turkey club. the fastest pencil sharpener. the fastest elevator. the fastest speed dial. the fastest office plant. so why wouldn't i choose the fastest wifi? i would. switch to comcast business internet and get the fastest wifi included. comcast business. built for business. . liz: we've been talking about the amazon fire phone, but in my hands, wait until you see the big reveal. shares of adobe, i'm not showing it to you yet, hitting an all-time high after the software company game out with a lot of news, all of it good, reporting better-than-expected earnings and increase in quarterly revenue for the first time in five quarters. what is at the heart of the turnaround? it's driven by a shift to a
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subscription based product. the question now becomes how quickly is adobe's customer base growing and what's next for the company? i'm about to show you with the company ceo shantanu narayen. you talked about how you had to switch over to subscription based model, going to go heavy on the cloud, you executed that entire concept and it's showing today. >> it is, liz, thank you. we always talked about the need to innovate, foster, attract a next generation of customers and reimagine the creative process, as well as embark on business strategy with digital marketing, and both of them, the companies executing well against both of the initiatives. liz: people right mite not no, adobe sketch, dream pro, this is for creative professionals but the would-be professionals who love to get into the pictures of photos and figure
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all of this out on mobile devices. >> mobile is a tailwind for us as the company. we had the biggest launch in the company's history. we announced the brand-new 2014 adobe creative cloud. what was more special is what's in your hands which is for the first time, we now have hardware, we have a new stylus as well as a new ruler that allows people to use on an ipad. it's crazy, for 20 years we used a mouse to draw as opposed to using ink and slide. liz: fox business shows you a prototype about september of last year. here it is. people sit there with a mouse and try and draw things. now here the stylus. talk about this, what can it do? >> we have applications that are shipping with this. we have new applications called line and sketch.
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photo shop mix as well. liz: here's the photo what it ask do, you can pick the color spect rubbing, anything with it. >> it's connected to the cloud. where you go, have you all access to your files. you can go from ipad to ipad and microsoft innovating with the surface pro. we think it's a great time to innovate. liz: you have been software, shantanu, now hardware, amazon is getting questioned for having been a website and coming out with hardware today. what do you say to the naysayers who say stick to the knitting software? >> we have permission honestly from creative professionals to completely reimagine it. if we stick to just the desk stop and don't think about creative as a combination what you can do on a pc, mobile device and the cloud, we're going to underestimate the opportunity we have. liz: you'll be stuck in the
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mud, and then you don't grow. brilliant of you to do that. this is available for the ios tablet. when will you make it available for the galaxy? >> we are working with samsung. liz: how about microsoft, on the surface. >> we showed a new version of photo shop that you can zoom and pinch, it's fabulous, it showcases the ability to use photo shop on touch enabled device. liz: going into today, the stock was up 47% year-over-year. shantanu narayen the man at the helm of adobe innovations. thank you so much. you're going to have a bunch of would-be artists use this. david: artists and architects, people who rely on drawing the straight lining. amazing product. amazon dialing into the smartphone business with new phone and looking to be your pocket salesman. will it make a splash in the
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crowded market or drowned out by bigger rivals. two experts duke it out next. liz: the fed lowering growth expectations for the year, the market hit an all-time high. why? what are the markets seeing between the lines now that makes so bullish the atmosphere? david: mobsters, vampires or a battle for the throne? which one of your favorite hbo shows is headed to broadway. we have details and answers straight ahead. my dad has aor afib.brillation, he has the most common kind... ...it's not caused by a heart valve problem. dad, it says your afib puts you at 5 times greater risk of a stroke. that's why i take my warfarin every day. but it looks like maybe we should ask your doctor about pradaxa. in a clinical trial, pradaxa® (dabigatran etexilate mesylate)... ...was proven superior to warfarin at reducing the risk of stroke. and unlike warfarin, with no regular blood tests
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. david: the federal reserve lowering its outlook for the u.s. growth this year, but the markets seem to shrug off the fed's forecast with the s&p hitting an all-time high. why is that? with us is john and jerry o'driscoll former vice president of the dallas federal reserve. both know the fed in their own way extremely well. john, start with you, the fed always denies ben bernanke did and janet yellen denied it influenced the market. janelle yellen was asked by peter barnes whether or not the stock market itself was overvalued. listen to what she said. >> i still don't see that -- i still don't see that for equity
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prices broadly. david: she doesn't see the market overvalued. of course the market reacted in a very positive way. didn't she anticipate that that would be good news for the market? >> well, she's actually said that before she's been asked about, she talked about p/e ratios and congressional testimony earlier this year. i think what the market was reacting to today was the fact that the fed policy is pretty much steady as she goes, there were no surprises. mark carney the head of the bank of england suggested that interest rates might go up sooner than expected in the u.k. the market didn't suggest that today, so the market breathed a sigh of relief. on market valuations, i think that's what we've seen from the fed before. david: jerry, is this fed different others starting with ben bernanke in the qe program,
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is the fed focused on what the stock market is doing? >> yes, they are, to be that explicit, yes. david: is that good or bad for the economy in general or neutral? >> you know, if that's what they're looking at, i favor them being transparent. i don't think they should be looking at it unless they take it as an indicator of maybe the policy is too loose or too tight. if they're looking at it, they should tell the markets they're looking at it. david: the main message, john, is no surprise is that growth is going to come down dramatically, from 2.9%, which is their projection last march to something much closer to the 2% level. was that all because of the weather of the first quarter? >> yes, pretty much. the forecast for the year of 2014 is down because the economy contracted in the first quarter, mathematically, you would have to have a boom to
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get it up to the 3% rate that the fed is projecting. what matters in terms of their own expectation says that they didn't change their forecast for 2015 or 2016, now, i think we should all be they keep saying there is more growth around the corner and we keep not getting it. they might revise the forecasts down later on. for now, they think the economy is in a better place than a year ago. david: jerry, no indication they're going to raise rates any time soon. certainly not throughout 2015, maybe at the end of 2015. the fed is focused on keeping interest rates low to encourage lending, the "wall street journal" had a piece about how they have well over a trillion dollars of cash without investing it. is the fed policy working forcibly keeping interest rates to super low levels in order to increase lending? >> i don't think it's working.
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i mean we have a subpar recovery by any standard, especially if you look at the jobs market, and as you said, they've been overestimating growth for quite a while. i don't think they have a handle on what's wrong, and just keeping interest rates low isn't going to change things, if you don't change policy, you are not going to change the outcome. >> well, i don't know -- david: hold on a second, hold on a second. could, jerry, the low interest rates be exacerbating growth in some way? >> well, yes, i mean you've got the standard argument they're paying interest on reserves, if the opportunities aren't sufficient, the banks aren't as motivated to lend as they might be. that i have that in effect, and penalizing savers and leading people to take on more risk than they want to do. those are long-term negatives.
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david: john, go ahead, you wanted to chime in? >> i was going to say a couple things. one is they certainly don't have a handle what's wrong with the economy, they keep getting the forecast wrong. we should do a thought experiment, we saw last year when they stopped the bond-buying program, it hurt the housing market, mortgage rates went up, and the economy slowed as a result of it. so i think the idea that the fed could raise rates and things would get back to normal, i think, misses the kind of environment that we're in right now. david: okay, there is still disagreement among fed members, we didn't see it today, john, this is the third policy meeting which there were no dissenters, when are we likely to see dissention and what form might that take? >> well, building, i think it will come in the form of some of the hawks in the fed, among
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the fed president, esther george has been talking on the sidelines, she thinks rates need to start rising sooner rather than later. have you richard fisher and charlie placer who might want a bigger fuss about this. those happen later in the year. david: gentlemen, thank you very much, good to see you both. >> thanks a lot. >> thank you. liz: david, the secret is out. amazon's new phone finally unveiled and available for preorder. will it be a game-changer in the wireless business? or it could flop like the facebook phone from back in the day? we've got a bull-bear debate on amazon's smartphone, the fire phone. david: i forgot about the facebook phone. what's in a trademark. a lot if it's the washington redskins, we'll tell you about a dramatic new twist in whether the fight over the team's
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but hurry, offers end soon. share your summer moments in your mercedes-benz with us. . david: it happened. amazon unveiling first ever phone called the fire phone, it comes with a 3-d ready screen. they don't call it 3-d. and fire fly, this is software to recognize music and tv shows and play what you want. but will the device break from the pack of other smartphones
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that haven't made it? liz: let's have it. both side of the argument debate. joining us kevin scott, and wayne lamb is ihs telecom electronics senior analyst. kevin is against this thing, wayne, you're for it. right to rain to start did. it live up to your expectations and can amazon be successful where real pure play mobility companies like motorola could not with moto x? >> that's right. yes, so amazon fire phone was quite an unveiling today. one of the big expectations that was met was the quality of the device. the design is beautiful, it's got glass back, glass front, 4.7 inch display and this hook, dynamic perspective that we haven't seen in terms of the user interface. this is new. something that's going draw a lot of interest, but if you
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look at the graveyard of start-up new smartphone devices such as the htc first from last year, amazon definitely has a tall hill to climb in getting over this new entrance phenomenon. they're going up against big names such as apple and samsung and they have clearly market dominance in their design and user experience. liz: we know, obviously, that google had to sell the moto x and it's now with lenovo who will rebrand it and come out with something different, david. it is a tough world out there. david: kevin, on the other hand, the only alternative, this is really the only alternative to the iphone that bundles all of the packages that it has. no other company has, except for apple, has access to fire
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tv, to kindle, to amazon prime. this is -- this will be an instrument that will unite all of these elements, all of these products at a cost that is about half of an iphone or even less! >> yeah, david, you're right. we're missing the point when we're talking about the product. in reality, this is about consumer perspective. how do people view amazon? and i think that's just two tall of a hill for amazon to climb. people view amazon as a marketplace which to buy goods not the maker of goods. david: wait a minute, wait a minute, hold on a second. what about the kindle? there are a lot of people, including my own household, that have more than one kindle. >> you would join the less than 2% of the market share that bought kindles in the first quarter. the reality is they sold less than a million units while apple is selling 16 million tablets. samsung selling 11 million tablets. at best, amazon has a chance to
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be a distant third in the marketplace. they can't compete and overcome the perception that they are a marketplace, not a maker of goods. liz: does that mean they shouldn't try, wayne? this is what makes america great, shantanu narayen of adobe said had we just stuck with software, we'd be dead in the water. they're coming out with a brand-new piece of hardware. companies should try, perhaps kevin is right, that the tide is so strong for samsung and apple, that it is going to be such a tough road ahead. >> it is, and if you look on the whole, you pick out dynamic perspective viewing feature, there is nothing you can't do on another android device with the exception of fire fly which will likely be a four-letter word for retailers, when the
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consumers come into the shops and scan devices and look for cheaper alternatives. amazon is being innovative, and if you look at it from a national level, aside from apple, amazon is really the only other american smartphone designer available in the marketplace today, and they're trying out innovative designs. david: kevin, hold on a second, i want to nail down -- kevin scott, let me give you a chance to make a statement that we can play back to you a year from now, what is going to happen to the fire phone? what do you think will happen? you think it will be abject fail, and you are it will be out of business in a year? how many do you think it will sell, et cetera? >> i'm going to go out on a limb and tell you the product is going to be a failure, not because i don't like amazon and not because i don't think their phone is cool.
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the reality is an established market with long-term contracts, amazon's fire is going join google in the graveyard of cell phones, they're not going to climb the mountain. i just think it's too tall of an order to overcome. and here's the thing, customers want to know what is your company going to do? what is amazon going to be about? if they're going succeed, they're going to be the best marketplace in the world, not a manufacturer of phones, i don't think it's going to work. david: kevin, you're a gad man, we're going to have you back in a year to see if prediction is true. gentlemen, appreciate it. liz: thank you. >> thank you very much. liz: after years of receiving complaints about the washington redskins team name. the u.s. patent and trade market office finally stepped. in what it means for the privately owned team and its brand. david: also the hbo hit series "true blood" entering its final season this sunday.
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registration, a move they tried and failed to pull off once before. liz: once before they tried and didn't work. rich edson has what this means for the team as well as merchandise retailers who can bootleg. >> we can go into the redskins printing business. the team would have no federal recourse. it would cheapen the brand, onee change the name. the team denies the name is offensive, it will appeal the rules and predicts it will win the appeal like it did a decade ago when the fed canceled trademark. we are confident that the trademark trial and appeals board divided ruling will be overturned on appeal. senate majority leader harry reid and 49 other senators wrote a letter to the national football league requesting they change their name. he addressed the team's owner
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and predicted it would. >> says it's about tradition, i ask what tradition? the tradition of racism. all that name leaves in its wake. the writing is on the wall, it's on the wall in giant blinking neon lights. the name will change for the tribes across the nation who care so deeply about the issue. >> those against it is a the team is privately owned and if the team had a problem, they would boycott the merchandise. they are 4th in the franchise of nhl and 8th on the planet. liz: unbelievable. see what happens. rich, thank you. one artist jumps on the world cup bandwagon covering herself, look at this, in gold paint, and turning her body into a human replica. of the tournament's famous trophy. we've got the picture that went viral next. david: one of hbo's most popular tv shows may be headed
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to broadway. will it be a mob drama? vampires or the battles from game of thrones. we've got the answer with we go off the desk. i spent my entire childhood seeing the world in reverse, and i loved every minute of it. but then you grow up and there's no going back. but it's okay, it's just a new kind of adventure. and really, who wants to look backwards when you can look forward? so i can reach ally bank 24/7 but there are24/7branches? i'm sorry- i'm just really reluctant to try new things. really? what's wrong with trying new things? you feel that in your muscles? yeah...i do... drink water. it's a long story. well, not having branches
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when we set up operation in one part of the country, people in other parts go to work. that's not a coincidence. it's one more part of our commitment to america. >> let's go off of desk, like vampires it portrays, "true blood" does not seem to be dying, when the show wraps up characters could live on, in song. a broadway musical version of "true blood" could be in the works, composeer nate barr has already written scores, workshop version is slated to hit the stage next year. >> also, while players from 32 countries work every ounce of muscle to try to win the world cup, one artist is using her body for a different kind of
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display. london-based emma allen, transformed herself into world cup iconic trophy creating what could be best selfie of the competition, put on a bald cap, covered herself with paint to create the photo, it took about 3 hours to complete, been viewed around 600,000 times. >> very cool. >> we asked you to facebook and twitter, whether you think that amazon phone will succeed, is it enough to get you to switch? >> not with at&t. >> i know a lot of people sayig that. >> mitch, i like what i see, i have two iphones but i might switch. >> joe, i'll keep my $10 a month tracfone. >> doing it on the cheap, we appreciate that. number one thing to watch tomorrow will be weekly jobless claims to be released at about
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8:30 in the morning eastern ti time. expected to fall 3,000, down to 314,000. >> the willis report is next, gerri willis, the gm story today one of the recalled switches. gerri: we'll demo the falsety ignition switch. >> also i'll peak with the mother of one of the gm crash victims, she confronted gm ceo barry barra today. >> one of the dirty secret of the stock market exposed, we peal bakalayers of a problem that runs deep, can be fixxd. >> what is going on with dr. oz? under fire over miracle weight loss claims, we'll investigate.
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