Investments in shares of wireless technology companies and wireless service providers have been particularly profitable in the post-dot com era. The wireless industry is in a sweet spot of the technology space.

Bountiful business opportunities exist as wireless usage continues to increase in both developed and emerging markets. And driving this usage higher are new products such as smartphones whose capabilities are being augmented by the deployment of third generation (3G) wireless networks.

It dates back to 1992, when the first Smartphone, named Simon was invented. It was an early mobile or cell phone. It includes such apps as a clock, address book, email, notepad, a send and receive fax machine, as well as games. It was a legend ahead of its time.

What is smartphone?? A smartphone is like a phone, in that you can make telephone calls. You can also add in features that make it much more, such as those bells and whistles that are found on a personal digital assistant (PDA) or even a computer.

It is a phone that has an operating system that allows it to run productivity applications is clearly more than just a cell phone. Depending on the manufacturer, you can have many different types of apps.

Smartphones allow you to install, configure and run the applications of your choice. In effect, this means the individual can tailor their mobile device to an unprecedented degree and access a range of functions from one tidy device.

Most contemporary smartphones include Internet and e-mail access, scheduling or PIM software, contact management, and the ability to read (and sometimes compose) document formats such as Word, Excel and PDF.

Many smartphones also feature built-in cameras, music players, and GPS navigation software, making them an excellent all-in-one replacement for a variety of other devices.As cell phone technology continues to develop, many features previously isolated to smartphones become common in mid-range cell phones.

The App Store has become a huge sensation. In fact, as of March 2010, it has offered 170,000 applications and had made three billion downloads as of January 2010.

New generations of this new Smartphone continued to be produced, having more and more features, applications and technological capabilities. It was not until 1997 that Ericsson released their first Smartphone, actually labeled 'Smartphone'.

Certain models have enough horse power to run complex software applications such as enterprise customer relationship software and car navigation programs.

A full-featured QWERTY-type keyboard, MP3 player, and Geo Positioning Systems capability are becoming common among higher-end smartphones. Instant messaging is a cool feature making its way into the mainstream.

The demand for smartphones is projected to grow rapidly in the coming years. By 2009, the number of smartphone units sold is estimated to reach 125 million or 16% of total handset sales worldwide. This implies a 48% compound annual growth rate in smartphone unit shipments over the 2004-2009 period.

Future smartphone applications that are already in development seem to show that the sky is the limit when it comes to the range of functions they will be able to perform. For example, near field communication technology will allow your smartphone to act as a wireless credit card at retail stores.

Explore more free android apps also read download geoqponsi android app and download wapedia android app

Read more about android apps by Kiara Wokxy

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