The document discusses the rapid growth of the mobile consumer market driven by advances in mobile technology including improved processing power, user interfaces, form factors and lower prices that have enabled billions of users worldwide to access communications, entertainment and other applications anywhere through their mobile devices. It outlines how mobile internet and smartphones like the iPhone have transformed how people communicate through social networks, applications and user-generated content. The mobile market is expected to continue expanding rapidly as consumers demand more personalized content and services available on the go.