Mark Zuckerberg, Facebook CEO has been reported to be planning to launch the company’s own smart phone soon. He stated that he fears that someday Facebook would reduce to just an application on smartphones around the world. Therefore, work is believed to have started on Facebook’s smartphone. If this works out fine, consumers should be on the look out for a new smartphone. What is left to be seen is if Facebook’s smartphone can survive the established dominance of RIM’s Blackberry, Apple’s iPhone, and Google’s Android.