This video by ScrollMotion, describes exactly what the iPhone is capable of doing! The possibilities are endless. Below is some very brief information about ScrollMotion and the video.

“ScrollMotion has already built three iPhone applications for the media conglomerate Tribune, and has 25 more iPhone projects for other clients in the works. “We’ll be building out [iPhone] applications for the next two years,” he says. One free, ad-supported application for Tribune that’s expected to be available when the App Store launches keeps track of an iPhone owner’s commute, estimates the travel time, and suggests alternative routes.”
Via BuisnessWeek