With the application boom going on with mobile phones and the fact that one in five adults currently have a smart phone (numbers have increased as you are reading this), it seems like there is little that smart phones can do.

Right now with my T-mobile G1 google phone, I can listen update my facebook and twitter and blog. I can check my two personal emails and my business email. I can advance schedule my text messages so that all my friends will get a happy birthday text on their birthday at 12am. I would be the first one EVERYTIME! Never mind that the message was not heartfelt or meaningful….I look good! I kid.

Furthermore, (and this is old news) I can get driving directions with my phone. Bad news for GPS companies…

The NY Times reports that more than 40 percent of all smartphone owners and 80 percent of iPhone users use their mobile devices to get turn-by-turn directions driving down sales of traditional standalone GPS units from companies like TomTom, Garmin and Magellan. During the first quarter, TomTom said it shipped 29 percent fewer GPS units compared with the period in 2008 while Garmin’s unit sales fell 13 percent from the previous year.

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