Actually, it's not only for measuring short times, but also for measuring small differences in time lapses, which is not the same. This is how the theory of Relativity was agreed by experiment for the n-th time.
Also, take into account that any experimental evidence of physical theories, be it quantum mechanics, relativity, or M-theory (OK, potential evidence too, especially at the quantum level, is only proven by certain margin of error, which happens to be the most accurate margin of error in any scientific theory, for quantum mechanics, due to quantum uncertainty. This minute, almost non-existent margin of error could get even smaller with these advances.
HP's Jon Rubenstein told us that his company wanted to veer in a new direction, and veer it surely did -- the HP Veer 4G will arguably be the smallest fully-functional smartphone on the market when it goes on sale May 15th.
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Actually, it's not only for measuring short times, but also for measuring small differences in time lapses, which is not the same. This is how the theory of Relativity was agreed by experiment for the n-th time.
Also, take into account that any experimental evidence of physical theories, be it quantum mechanics, relativity, or M-theory (OK, potential evidence too, especially at the quantum level, is only proven by certain margin of error, which happens to be the most accurate margin of error in any scientific theory, for quantum mechanics, due to quantum uncertainty. This minute, almost non-existent margin of error could get even smaller with these advances.