Anssi Vanjoki gave an outstanding keynote talk at Web 2.0 Expo discussing Nokia's vision for the future of mobile computing. First, context and location will dominate future innovations for a while. The integration of GPS, high-performance computing, a lot of memory and crowd-sourced information will change the way we use the mobile phone. In fact, it won't be a mobile phone any more, it will be a mobile computer surrounded by an ever-present Internet.
Second, Nokia is doing some amazing things with display technology that you'll have to see in the video. A description in prose won't suffice. If the technical and business part of this video isn't interesting, fast forward to about 10:00 and watch the promotional video Nokia put together.