so as far as i can tell google makes nothing when jeff bezos sells a kindle fire. >> rose: jeff bezos' theory-- as you know better than i do-- is he's creating these things so he can sell content. >> that's his goal but what you're ebay and you could create a software layer on top of android? i was talking to troy carter who managing lady gaga. he has a thing called back plane which is the fans of lady gaga. what you were you were a crazy lay da gaga fan. you could create a layer on top of android and if you were immersed in that community you might want -- it's an easy way to create a community. >> rose: but here's what's always been interesting to me is the underdeveloped world and the emerging world. this transforms their possibility. they don't need frublg which you are, they don't need any of that stuff anymore. >> they brought in people specifically called global voices, they had a woman from uganda talking about things they were doing there. all kinds of people talking how they really use the phone. in this country we're so elite and lucky and we play games on these things. the

they started with amazon primee you hear about jeff bezos to have studios and original content?ix has been incredibly successful thus far. does i make you nervous about them about making too much money and spreading themselves too thin. >> certainly doesn't make me feel nervous. keep in mind amazon has revenues of $75 billion. this will be a long-term strategy for the company to build out their ecosystem. it will cabinet loser for the next several years. but perhaps over the next three to five years, out, it will be a contributor. so, amazon is, strategically focused on the cloud. they will be going against some pretty tough competition with the likes of apple and google. but you know what? you just exclude for these projects. the company still is a very powerful company on the growing revenue stream as well as their earnings stream. melissa: leif, i would love to hear your thoughts on that. they're talking about going or we're hearing potentially they could have their own streaming box. kind of remind me. i was around when they said they would have a ereader before they called

. >> number one, jeff bezos, that's one of the big reasons to own this stock, that and anything you wantuy retail wise, these guys are the kings of it. i don't know why congress and so forth have not addressed that you don't pay taxes in most areas for what you buy on amazon, but it's a huge edge for them. also kindle expands their footprint dramatically. also look at amazon web services, aws is exploding. so much so the cia just signed up per $700 million worth of their services. so if it's good enough and secure enough for the cia, i think it's good enough for most companies. >> mike, bear case. >> i think amazon say well run company, not going to fault jeff bezos either, but the valuation is off the chart. trading 22 times earnings, not this year's earnings, not next year's earnings, all the earnings they've ever made. if it was growing 100% a year, maybe you could come to that number. but you just can't when it's growing probably high teens something like that. it's a great company but the multiple isn't justified. >> the problem is that the multiple has always been high on this one.

ray kroc, jeff bezos, sam walton or george dayton? we'll tell you in a minute. >>> the numbers are in, and ford's compact focus outsold all other vehicles with more than 1 million sales. jetblue being made in mobile, alabama. speculation is swirling after fox and univision execs raise the possibility of going off broadcast airwaves and onto cable in response to streaming rival aereo. according to the white house, women earn on average 23% less than men do. bill gross is shelling out what could be $2 million worth of rare stamps for a charity auction today. fun fact about stamps, by the way, as investments stamps were better than art, wine or jewelry over the past decade. >>> according to "forbes," that could mean about $1.5 million for louisville netted by ncaa champ schools between 2004 and 2011. i wish it was michigan. >>> now the answer to our pop quiz. it was walmart and sam's club founder sam walton who got his start in the jc penney management trainee program back in 1940. >>> swing you over to health news. what do red meat and

. - jeff bezos, the ceo, is telling reporters that he sees amazon green-lighting more tv shows, and it seems like that is where the internet is going. people want to watch tv on their tablets, for instance. does that help amazon's case? - absolutely. they are a giant global company. anywhere that they can get their fingers into is a good thing. but, the answer with amazon is always, "what are they going to do? what are they going to do?" i think this is another one of those continuing stories. what are they goingto do down the road? - what are you going to do with the stock? - i see it pretty much range- bound here. i see resistance up at the $285 area and support down at the $250 area. one of the things that i looked at doing with a stock like this that has a really high volatility but a pretty tight risk range that i see is selling out-of-the-money call spreads, selling out-of-the- money put spreads, and hoping to take in some premium from that increased volatility. - thanks a lot for that. that is matt cavanuagh of cmz trading. have a good weekend, matt. - thank you. it's closing ti

first is something that have been very innovative about five years ago when jeff bezos said he would deliver computers and storage as a cloud service. everybody thought that he was crazy. like why the hell are you doing this? oh, can i say that? why are you doing this, right? they have not released public numbers, but their computers and storage class of service at this point in time is right on -- widely believed to be added billion dollars run rate in five years, which is meteoric growth in this business, which is what basically everybody and their brother has entered into this marketplace. from the little guys, people you have probably never heard of all the way to the big boys in the room like microsoft, etc. we have not seen the end of this story. by the way, for applications, they are very unique to some specific need. when you talk about computers and storage, everyone of us uses it. compute and storage clouds services. the last two things that are happening -- and this is very new right now -- is software development clouds services. for those of you in the room who aspire to

jeff bezos wants to start some type after space company called blue origin in texas. david: got to succeed here on earth first. liz: why not. we'll have much more on amazon. amazon out with its numbers but starbucks as well. here's amazon trading just slightly above where it closed today. as we look at those numbers and you guys can be watching that after the bell, we see starbucks is trading just slightly lower than where it last traded before the markets closed. so we're looking at starbucks, amazon and a ceo marathon. david: we're looking at a lot more than just numbers right now. we have ceo's from all over the place. ceo of western digital. here to tell us how they're fighting a decline of the pc industry. they were a leader in hardware that goes into p krchls. what do they do now that folks aren't buying them. wellpoint ceo discussing future of health care as a new law gets set to go into effect that is fox business exclusive. tupperware chairman and ceo here with a lot of do dads. you know how liz loves that stuff. she will get hands on with that stuff telling

i'm not going to miss the opportunity to say congratulations for jeff bezos.ndustry. >> very kind. thank you. >> don't you think faber just sounds cooler? is it too late for you to just -- >> and a ponytail. >> i can adopt some sort of -- >> davis faber. he changed his first name to faber. >> i can become a james bond. >> if we'll reinvent ourselves. people would hang on every word, more than they do. >> joe fresh. >> do the reinvention program and i'm all in. you just tell me what i need to do. >> thanks, guys. we've heard from famed businessman richard branson and jim bullard and we have henry blodget with the final word next. we've reduced taxes and lowered costs to save businesses more than two billion dollars to grow jobs, cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com but i wondered what a i tcustomer thought? is great, hi nia.

price from a multiple perspective, if there are ever true believers there are true believers in jeff bezoshe vision he has for this company. we've talked about it many times. there is a willing nose give him a break what it comes to missing or making a quarter that perhaps others don't get but for good reason. he has delivered. the latest streaming efforts, very interesting, i think, competing with netflix as they are, trying to ramp that up, develop their own device potentially, at least according to reports that would allow them to do that so you don't rely on an xbox or anything else to stream. you know more about your customers and are more connected to that. always worth reading the annual report. it came out a couple of weeks ago. he always put in the 97 letter, too. it is always interesting to read, jim. >> here's what i feel about amazon. you're absolutely right, they're the only guys who don't play with real money. they're the only guys who can pretty much be totally free of the price to earnings multiple. we think of google as a high multiple. it isn't, it absolutely low. the onl