Included: a palmtop computer (touted as the smallest Windows-based PC), a DVD player and a personal digital assistant that is phone, fax, modem, pager and electronic organizer all in one.

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In an application with the U.S. Patent Office published in December 2007, Apple described a wireless system that would allow customers to place an order at a store using a wireless device such as a media player, a wireless personal digital assistant or a cellphone.

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But Gilder says all of the components and companies are now in place to make the revolutionary step into the age of the "teleputer, " or a handheld device that's a fully functioning personal computer, digital video camera, telephone, MP3 player and video player.

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He moved Apple beyond personal computers into the digital media device market with the iPod music player in 2001, the smartphone market in 2007 with the iPhone and the tablet market with the iPad in 2010.

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