Gizmodo has a very interesting new article about the future of cell phones and the ever-growing technologies associated with them.

In speaking to Imagination Technologies, who created the PowerVR chip that makes your iPhones and Droids as pretty and as popular as they are, it was revealed that in about three years, we could have the capabilities to run PlayStation 3 level graphics on our phones. As with anything involving such a constantly-growing industry, companies are always working with new products, technologies, and prototypes that take time to evolve, which explains the estimated wait.