The document discusses the power and future opportunities of the AppStore. It summarizes key trends like the growth of mobile phone users surpassing PC internet users. It shows charts depicting the massive success and growth of the iPhone and AppStore, vastly outpacing similar products. The AppStore saw over 1.5 billion downloads in its first year. The document also discusses an iFund that has reviewed over 4,000 proposals and funded 7 companies. It identifies emerging areas like mobile commerce, augmented reality, and healthcare as promising future opportunities for the AppStore platform.