X505-870 i7-720q processor upgrade to i7-920X

Is this possible? x505-870 i7-720q processor upgrade to i7-920XM. Here are my specs:
It would be great if I could upgrade my memory to 16GB as well.

System Specifications
System Type Notebook
Maximum Memory 8192
Hard Drive Size 500
Standard Memory 4096
Total Memory Slots 2
Form Factor SODIMM
Pin Count 204
Module Type PC3-8500
Product Line Qosmio
Manufacturer Toshiba
Processor Speed 1600
Chipset Intel PM55 Express
ECC false
Registered None
Screen Size 18.4
core i7 q720
nvidia gts 360m
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More about x505 720q processor upgrade 920x
  1. It's rather hard to upgrade a laptop, you'd better off with a desktop.
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