"The US Patent & Trademark Office published a patent application Thursday for a "Smart Bicycle System" that would use an iPod or iPhone to monitor sensor data and wirelessly share information.
The patent application, discovered by Patently Apple, contains functionality similar to the Nike + iPod Sport Kit integration for runners. Using external and internal sensors, an iPhone or iPod would store and relay useful information while attached to a bicycle.
Although similar products (bicycle computers) already exist, the Cupertino, Calif., company's solution would take advantage of sensors already built into its devices, such as gyroscopes and accelerometers. Using an iPod or iPhone could potentially reduce costs, setup, and the need for complex attachments. Another added benefit would be the possibility of sharing recorded information with other cyclists."