As one who uses his iPhone as well as laptop to frequently view and save links from apps, tweets, blogs, emails, feed reader, etc. but use Firefox or Chrome as my primary browser, I would love to see Apple purchase Instapaper and create a system wide utility which allows users to save any link encountered in any of the aforementioned media types or platforms to the cloud. Ideally the system would create a universal option for users to either save a link to the cloud and/or save an open page to the cloud. I have included a mock-up of how I think the iPhone should handle links below rather than the current inconsistent approach with forced byzantine workarounds.
If apple were to acquire Instapaper and integrate it into the iPhone (and coming tablet device) the service would compete directly with services like delicious.com (another favorite) and create a powerful, simple way for Apple users to track and share links. The system would also provide Apple a proprietary pulse on the real time web and the link economy. The acquisition would also seem to be a good fit with the recent acquisition of Lala by Apple and its move to the cloud.
iPhone mock-up with Instapaper integration:
