Kodak and other camera makers should note this photo:
I see people taking photos with five iPhones in this picture: not a camera amongst the lot. Indeed, it is a misnomer to call the iPhone a “Phone”, for it really is a computer. It can make phone calls, take photos, run games…you name it, it will be able to do most of it.
I think there will still be specialty devices, but they will be for niches, not the mainstream. Right now the mainstream is looking like this photo here (from TPM Photo Galleries)
Smart People I Know 
Speaking of that, this CNET article says:
http://crave.cnet.co.uk/mobiles/0,39029453,49303754,00.htm
1) The iPhone is a terrible phone
2) It is a superb handheld computer. I agree.
iPhone is AWESOME! and with all the apps it can do more than a normal phone can do.
haha