"By 2017, wireless service providers could generate more than $100 billion from services such as text messaging, GPS and movie, and music downloads " says Roger Conrad.

In Personal Finance, he adds, "Even this forecast could prove extremely conservative thanks to an explosion in sales of smartphones." How to play this trend? Here, he looks at Research in Motion (NASDAQ: RIMM).

"Smartphones account for only 11% of the world's mobile handsets; penetration remains under 20% in the U.S. This leaves plenty of room for further growth.

"If you use a mobile phone with a camera, thank Tessera (NASDAQ: TSRA)," says Mike Cintolo in the Cabot Top Ten Report. "When it comes to miniaturization, Tessera is the go-to company."

"Tessera is one of the companies that drove the price of camera components down by miniaturizing them and combining them on a single chip.

"You'll find its technology in MP3 players, video games, wireless phones, computers and numerous other products where companies are forever working to design products smaller and manufacture them more cheaply.

Technology sector expert Paul McWilliams offers an intriguing look at the new iPhone from Apple (NASDAQ: AAPL) to uncover what tech companies are supplying components.

In his Next Inning -- a newsletter that focuses solely on high tech stocks -- the advisors offers a look at the players inside the iPhone.

McWilliams explains, "A few interesting notes have come from the folks busily tearing down the new Apple iPhone 3G S since its launch.