The document discusses the history and facts about smartphones. It states that the first smartphone was the IBM Simon, introduced in 1994. It had calendar, address book, and other features. Ericsson launched the first device marketed as a smartphone in 2000. The document also discusses the Microsoft Kin, which cost $1 billion to develop but was discontinued after 6 weeks of poor sales. It provides statistics on smartphone market share and notes that today's smartphones are more powerful than computers from the Apollo era.