According to Mobile Internet Report put out by the researchers at Morgan Stanley, there are five elements that identify the onset of a new computing cycle.

• Better Processing Power
• Improved User Interface
• Smaller Devices
• Lower Prices
• Additional Services

This is certainly true of the jump from Mainframes to Minicomputers, from Minicomputers to Personal Computers, and even from Personal Computers to Desktops with Internet Access.  The Researchers at Morgan Stanley even see it in the jump from Desktop Internet to Smartphones (which are already as powerful as the early iMacs).

But why does that matter?

Well because the each computing cycle has been about ten times as big as …

No, this isn’t the 6-Million Dollar Man we’re talking about, but your telephone.

The combined market share of smartphones has been growing, and not even the Great Recession could slow it down.

$6 million is a pittance to this behemoth.  Palm alone grossed approximately $20 million on smart phones last year, and they aren’t even considered the industry leader.

Proof in the Usage

The NPD Group found that smartphones made up 28% of all cell phones purchased in the 2nd Quarter of 2009, up from only 12% at the end of 2007.  On top of that, Gerry Purdy of Frost & Sullivan predicts that …