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Apple no longer Wall Street’s most valuable company

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Apple’s stock continued to take hits even after the company posted a record breaking financial result for Q1, 2013. The drop in the stock’s price was so severe that it resulted in Exxon Mobil surpassing Apple’s market cap value, to become the most valuable Wall street company once again.

Apple’s market cap is currently at 413.06B against that of Exxon’s 418.23B. Apple, held the leader position since August 2011, but now it had to give it back to the petrol giant. Read more »

ASUS and NVidia CEOs show a 7-inch Tegra 3-powered tablet with ICS for $249

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This is amazing and yes, you read this right. ASUS CEO Jonney Shih and NVidia CEO Jen-Hsun Huang stepped up on stage at NVidia’s press event at CES and teased a 7-inch ASUS tablet running Ice Cream Sandwich on the quad-core (actually, penta-core) Tegra 3 chip and said that it will cost just $249.

The tablet ASUS’ CEO flashed on stage looked like the Eee Pad MeMo ME171, but without an official confirmation from ASUS we can’t be sure. Read more »