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'Mad Money' Spotlight: The Smartphone Sector

Stock quotes in this article: AAPL , PALM , RIMM , QCOM , AMZN , STAR , SWKS , SNDK  

On last night's "Mad Money," Jim Cramer devoted a good portion of the show talking up the smartphone revolution. And why shouldn't he?

The Palm(PALM Quote) Pre hit the market last weekend to mostly good reviews. Sprint(S Quote), the phone's carrier, said in a release that the Pre broke sales records, while a JP Morgan analyst said sales likely passed the 50,000 mark in the first two days.

Apple(AAPL Quote) announced a few upgrades to its iPhone and a new entry level model price point that rivals even standard cell phones. There are even rumors that Research in Motion(RIMM Quote) may be coming out with a new BlackBerry Storm in September. ...

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