Today: New iPhones, a sweet Android deal and Microsoft's $7.2 billion takeover of Nokia's phone business show mobile war is still alive and well on a strong day for Silicon Valley stocks.

The Lead: Apple, Microsoft, Google and Verizon make moves in mobile

The revolution in mobile computing devices that has been raging for a decade is not dead yet, as several technology giants made moves seeking to stay (or become) relevant as PC sales dwindle with consumers using smartphones and tablets for most of their computing needs.

Apple (AAPL), which lit the initial spark of the mobile era with the introduction of the iPhone in 2007, is expected to show off its newest iteration of the popular device at an event in Cupertino next week. Confirming earlier reports, Apple on Tuesday invited media to an event at its headquarters, where the tech giant is expected to unveil two new iPhone models at once for the first time: