Sometime in the not too distant future, say 30 years from now, people will be looking at PCs in museums and thinking how big and bulky computers once were.

A Mobile Device From Archos Already Has a Hdmi Out and it runs Android.
I Believe Android Will implement new Features First then the Iphone,Since it is open Source and HAVE more people working in the Platform.2010 it`s going to be the year for ANDROID.
http://www.i4u.com/article26983.html

Within 2 generations your mobile will BE your low end pc.
Apple, Google, Microsoft, Symbian, whoever it is, it doesnt really matter.
But one of them will get there first.

They will release a phone with a docking station that has HDMI and USB. Basic IO for web browsing and video playback.

You'll come home, drop the phone in the docking station and do whatever you normally do with a PC.

Seriously, Mobile phones are massively powerful these days. It wasnt that long ago that servers were running specs like this.

My first pc was a 486-DX2 66mhz which I naturally overclocked to 80mhz. That was 2nd hand and old in 1996.
However, if you actually care to think about it for more than a minute, you'll realise that that was more than capable of running NT4 or 95, Office 97 and at an absolute stretch Firefox 2.something.

An average smartphone crushes that spec.
Most can now play video smoothly.
All they need is a keyboard, mouse, and larger screen.

My suspicion is that Apple will get there first.

The fact they're looking into high speed fibre based busses makes me think they're looking for ways to add multiple devices efficiently. Something like hypertransport but fibre would certainly do the trick.

The possibilities are endless there. Processors and all manner of IO would be seamlessly plug and play.

Personally I hope Google push that way first, but I'm not expecting it.

Microsoft? Well, they wont. Simply because of Windows x86.
They wouldnt want WinMo to take over.
Windows XP would run quite well on a smartphone - all it needs is win3.1's progman.exe and it'd even be easy to use.
Oh the irony there. Imagine; 3.1 was actually way ahead of it's time! It just needed touchscreens to be invented to make sense!

I'm rambling, but I think anyone with some historical knowledge would see my point.

Fact is: smartphones out-everything PC's of 10 years ago.
PC's of 10 years ago werent that horrible that they couldnt still be used for web browsing.

Therefore; whomever figures out how to make the smartphone replace the bottom end PC will own the market for as long as it takes a competitor to catch up.

All PC makers are already in the smartphone business and those who have not joined the bandwagon perhaps do not want to be in the PC manufacturing itself or of little consequence. HP, Dell,lenovo, Acer, Apple, Toshiba, Asus smartphones are already competing in smartphone market or have announced definitive plans. The fact remains that with the advent of Netbooks the difference between the smartphones, netbooks and notebooks have blurred beyond ones imagination for the consumers. Its a battle between the form factor which one likes and prefers. May be users will use two devices one for primarily voice communication and another for Data.