Breaking News: Apple is now World's Most Valuable Company

By Gadjo Cardenas Sevilla

Apple Inc. has just surpassed Exxon Mobil Corp. to become the world's most valuable company. A result of the recent tumult in the financial markets with the value of oil fluctuating in the wake of the current economic tailspin.

The Cupertino Califronia based maker of Mac computers and iOS devices blazed past long standing oil behemoth by 1 billion dollars as of Tuesday afternoon.

Apple Inc.’s stock gained 3.2 per cent to $364.60 on Tuesday afternoon, Apple's market capitalization to about $338.0 billion, we learned from a report on the Toronto Star.

The Star explained that, Exxon Mobil Corp. shares, meanwhile, were trading at $69.45, down nearly 1 per cent. That gives the oil company a market cap of $337.7 billion.

Apple has enjoyed profit from strong sales of its iPhone and iPad devices as well as from its Mac notebooks and desktops.

Expected to release an updated version of the successful iPhone in September, this month also saw Apple release OS X Lion, the latest operating system and also become the world's number one smartphone vendor as it ousted long-time leader Nokia from the top spot.

Sources: TechCrunch

             Toronto Star

Update on Wednesday, August 10, 2011 at 7:58AM by Gadjo Cardenas Sevilla

That didn't last long, big oil took back the top spot a few hours later.

Nokia X7 Smartphone coming to Rogers in July

For people who love their entertainment where they want it and when they want it, Nokia  announced the Nokia X7 will be available this July in Canada. The Nokia X7 is optimized for the very best smartphone navigation and entertainment experience. The Nokia X7 stands out from the crowd with its unique tapered corners, big 4-inch AMOLED screen made of toughened glass and a seamless stainless steel casing.

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Nokia drops OVI Store brand

Nokia today announced in its blog that it is discontinuing the use of OVI as a brand to sell music, apps and games. According to the announcement, "Today, Nokia made a decision to change our service branding from Ovi to Nokia. The main reason for this change is so we can leverage the high-value of the Nokia master brand to better support future plans to deliver disruptive and compelling mobile experiences globally." Nokia states that nothing should change in the way users experience their services.

Contest! Win a Nokia C6-01 smartphone!

Nokia Canada is giving a way a Nokia C6-01 Symbian smartphone to a lucky winner! This compact smarphone has all the goods including an 8 Megapixel camera, HD video recording, the latest OVI apps and maps and a bevy of features all accessible on a stunning 3.2" high-resolution screen.

There's a two step process to join the contest

1) Follow @CReviewer and @Nokiacanada on Twitter and retweet the message "I want to win that awesome Nokia C6-01 from @CReviewer and @Nokiacanada!" 

2)Visit our Facebook Page and click on the "Like" button on the page.

Good luck and thanks for joining! All our current Facebook and Twitter followers are automatically entered to win.