adam lashinsky is the expert. where are the new products? we have been waing how many years for the apple tv or itv, whatever it is. everybody is expecting a hot big explosion to light a fire under the stock again but doesn't sound as if it is really coming. melissa: adam lashinsky what are your thoughts on that. >> this is one of my favorite topics. you're absolutely right but i will answer the question, factually, adam, it has been precisely three years since their last blockbuster product. that is not a terribly long time in the grand scheme scheme of things. melissa: we all know exactly what has changed. it is tim cook and it is steve jobs. that's why it hasn't been too long as you would say in terms of time, for investors they get very nervous. don't see the same guy in the black turtleneck. >> they're in war and competition with samsg and samsung's latest smartphone hits store sales in the united states on thursday. >> yeah. >> is apple in defensive mode? are they still in a kind of a offensive mode? >> you're both asking the right que

adam lashinsky, charlie gasperino, charles payne. >> the president said not by a single dime. he was telling the truth, it's a lot of dimes. how many dimes are in a trillion? i've been saying this from day one, everyone watching this show who has jumped on the band wagon and grabbed a torch and the evil rich is responsible for this, be careful after you go from mansion to mansion to mansion they'll get smaller, hey, they're in front of my house! you're going to have to pay up, too, you're evil and you'll have to pay the money and this is a utopia and he's in front of the trailer park now. >> he's front of the trailer park. >> and this is so good because it proves that he is a class wearer, he hates, or doesn't hate, he's going after every class. you think about it, the payroll tax hit everybody, one of the most regressive taxes is imposed by president obama where he raised taxes on everybody, and you know-- >> that was the payroll tax that people cut for two years. >> right. >> it was put back in play and everyone felt it. >> right. >> and after a lot new taxes that when they

let's also bring in fox news contributor adam lashinsky.ur apple experts, the best person to have in the seat right now looking at this because of course ron johnson came in to jcpenney and his success from apple. why do you think it didn't translate? >> the focus is quite appropriately on jcpenney, but this does a lott about apple and trying to emulate apple. i don't know exactly why he didn't succeed or what his lessons that app did or didn't teach him at jcpenney. came into this jobith a great deal of what could be called hubris. i am going to just try to change this over completely and take a moon shot. why? because that is what his mentor, steve jobs, did over and over at apple. what is has shown us if you are not steve jobs and this isn't apple, to be really difficult to follow that model. melissa: it has even become very hard for apple to do that. we were just talking about karel icon in who can be the next icahn, they said who can be the next steve jobs. do you think that person exists? >> now, that person absolutely doesn't exist.