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A mobile phone feature is a capability, service, or application that a mobile phone offers to its users. Mobile phones are often referred to as feature phones, and offer basic telephony. Handsets with more advanced computing ability through the use of native code try to differentiate their own products by implementing additional functions to make them more attractive to consumers. This has led to great innovation in mobile phone development over the past 20 years.
The common components found on all phones are:

A number of metal–oxide–semiconductor (MOS) integrated circuit (IC) chips.
A battery (typically a lithium-ion battery), providing the power source for the phone functions.
An input mechanism to allow the user to interact with the phone. The most common input mechanism is a keypad, but touch screens are also found in smartphones.
Basic mobile phone services to allow users to make calls and send text messages.
All GSM phones use a SIM card to allow an account to be swapped among devices. Some CDMA devices also have a similar card called a R-UIM.
Individual GSM, WCDMA, IDEN and some satellite phone devices are uniquely identified by an International Mobile Equipment Identity (IMEI) number.
All mobile phones are designed to work on cellular networks and contain a standard set of services that allow phones of different types and in different countries to communicate with each other. However, they can also support other features added by various manufacturers over the years:

roaming which permits the same phone to be used in multiple countries, providing that the operators of both countries have a roaming agreement.
send and receive data and faxes (if a computer is attached), access WAP services, and provide full Internet access using technologies such as GPRS.
applications like a clock, alarm, calendar, contacts, and calculator and a few games.
Sending and receiving pictures and videos (by without internet) through MMS, and for short distances with e.g. Bluetooth.
In Multimedia phones Bluetooth is commonly but important Feature.
GPS receivers integrated or connected (i.e. using Bluetooth) to cell phones, primarily to aid in dispatching emergency responders and road tow truck services. This feature is generally referred to as E911.
Push to Talk over Cellular, available on some mobile phones, is a feature that allows the user to be heard only while the talk button is held, similar to a walkie-talkie.
A hardware notification LED on some phones.