According to Jim Cramer, the move toward the wireless Internet via smartphones and other handheld devices is now in full swing.
Cramer thinks consumes are shifting their needs so that smartphones can deliver everything they want, from email and Internet to GPS and entertainment. Even business users are starting to use smartphones to handle tasks they use to do on laptops, such as editing documents, updating blogs and trading stocks.
The wireless Internet boom isn't being ignored by the largest chipmaker in the world, either. On Tuesday, Intel (INTC Quote)announced a deal with wireless phone maker Nokia(NOK Quote) to work together on a new mobile-chip efforts. Under the deal, Intel and Nokia will collaborate to develop a new class of mobile computing devices based on Intel's microprocessor technology. This is clearly very bullish for the smartphone market and shows that well capitalized companies such as Intel are dying to get a piece of this growing trend.
Some of the obvious leaders of the smartphone boom are Apple(AAPL Quote) with the iPhone, Research In Motion(RIMM Quote) with the BlackBerry and Palm(PALM Quote) with the Pre. Cramer has said that he believes there is room for all of these players because the market for smartphones is far from saturated. He also sees opportunity for the companies that make the parts and components that go into smartphones, including Skyworks Solutions(SWKS Quote), TriQuint Semiconductor(TQNT Quote) and RF Micro Devices(RFMD Quote). ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,337.05 | 1,095.94 | 2,183.73 | 34.23 |
Oil *
72.45
|
|
UP
51.08
|
UP
4.01
|
UP
10.74
|
UP
0.31
|
10 Yr
3.42%
SPDR Gold
110.84
|
|
+0.50%
|
+0.37%
|
+0.49%
|
+0.91%
|
Data delayed 20 minutes |


Connect with TheStreet