To support what @HansPassant has answered, here is a link of Visual Studio 2008 edition comparison document from Microsoft,
http://www.microsoft.com/en-us/download/details.aspx?id=7940
As page 19 (of the PDF version) indicates, you will have to use Visual Studio 2008 Professional edition and above so as to work on "Smart Device".
Starting from Visual Studio 2010, Microsoft discontinued such mobile platform support,
http://msdn.microsoft.com/en-us/library/sa69he4t(v=vs.100).aspx