Here's the synopsis (since copying the text will likely get us all sued): Smart phones are killing, or at least threatening, lots of stuff. They already demoli

Here's the synopsis (since copying the text will likely get us all sued): Smart phones are killing, or at least threatening, lots of stuff. They already demolished PDA's (Palm is now worth only 3% of it's peak value). Landline phones and watches are feeling the squeeze. Also on the hit list are GPS gadgets, exercise monitoring equipment and odometers, iPods, cameras, and radar detectors (although I haven't seen the app for that). Other things that may soon be threatened: All the stuff in your wallet or purse like keys and credit cards. Mostly credit cards, IMO. While this kind of creative destruction creates losers (telcos with no wireless business), it also creates new winners (Apple, Google, Facebook, etc.) as well as plenty of entirely new companies.