Associated Press has created a news service for iPhone:

The new mobile Web site is targeted at people who want access to international, national, and local news all the time. It aggregates news from more than 100 news publishers and offers text plus multimedia coverage including, photo galleries of sports events, and video coverage of the presidential campaign. The Web application is currently optimized for the iPhone, but the news service plans to add support for other smartphones in the future.

Of course, iPhone is not a phone. Apple were very smart to name a very un-familiar device with a very familiar word. In the age of cloud computing iPhone is a media contraption that hosts service cloudlets. As Winnie the Pooh would put it:

How sweet to be a Cloud
Floating in the Blue!
Every little cloud
Always sings aloud.
"How sweet to be a Cloud
Floating in the Blue!"
It makes him very proud
To be a little cloud.

An old hymn to the new brave world.