\(N=\left(2+1\right)\left(2^2+1\right)\left(2^4+1\right)...\left(2^{1008}+1\right)=\left(2-1\right)\left(2+1\right)\left(2^2+1\right)\left(2^4+1\right)...\left(2^{1008}+1\right)=\left(2^2-1\right)\left(2^2+1\right)\left(2^4+1\right)...\left(2^{1008}+1\right)=2^{2016}-1< 2^{2016}=M\)