This research studied the role of the beacon product in the U.S. Smartphone innovation evolution. The beacon product was discussed in Chapter 2. The beacon product theory serves as a good justification behind the information of dominant designs. Peng (2006) and Yao (2009) studied the beacon product in MP3 Digital devices wherein the relationship between consumer preferences and innovative features was emphasized and assumed to be a precursor for market takeoff. In similar way, this study will apply this new construct and study the relationship between consumer preferences and innovative features in the Smartphone technology. For our research, the contents of consumers’ responses in the Smartphone industry will be analyzed using content analysis. Researchers describe content analysis as a systematic, objective and quantitative method for studying communication messages.