Apple to Announce iPhone 5 on October 4 [REPORT]

Apple‘s new CEO, Tim Cook, will hold a big media event Oct. 4 to announce the iPhone 5, All Things Digital reports citing sources familiar with the matter.

If true, the launch date of the next generation iPhone is consistent with the recent wave of rumors claiming it will be released in early October.

ATD‘s sources say that Cook will preside over the announcement — with the help of other key executives such as Phil Schiller, who participated in such events in the past — which would give this event even more significance. Cook must persuade the shareholders, the audience and Apple fans all over the world that he can sure-handedly take over the role of Apple CEO and company showman. And the expectations for that particular job are, simply put, enormous.

It is not known whether Steve Jobs, who resigned from the role of Apple CEO in August, will be present at the event.

The newest iPhone will reportedly be available in the few weeks following the announcements

Nokia launches N9 Smartphone and Series 40 Devices

Mobile phone-maker Nokia today announced the "beginning of a new era" for the company with the launch of four new mobile phones, including a full-screen touch-based smartphone. "Earlier this year, we outlined a comprehensive strategy to change our course," said Stephen Elop, the president and CEO of Nokia. "Innovation is at the heart of our strategy and today we took important steps to demonstrate a new pace of innovation at Nokia. It''s the beginning of a new era for Nokia," he added.