Last week Steve Jobs went so far as to suggest that Apple already has an entry in the netbook universe- it is called the iPhone.

From the very beginning of this website we’ve taken the position that the iPhone isn’t a phone as much as it is a computer. And the rapid proliferation of applications for the iPhone since July 11 certainly bolsters that argument.

In this, the second of three posts, we’ll look at some of the arguments FOR the iPhone being a netbook contender.

Word on the street is that the next update for the iPhone will, among other things, add support for line-in accessories.

This is especially great news because I tried to record a talk the other night using my device and the quality was lousy. I discovered that while it is fantastic as a dictation machine when it is close to the mouth of the speaker, it doesn’t fare quite as well when there is significant distance between individual speaking and the iPhone’s the microphone. The ability to add a high quality, noise canceling, directional mic for recording in large lecture halls will be great.

While we have no idea when the new firmware version will be released, in the meantime a new voice recording option is available right now.

Griffin is offering their new iTalk Recorder as a free download. At least for now.

There were some interesting developments in the world of Apple hardware this past week.

More accurately, there were some interesting “non-developments” in the world of Apple hardware this past week.

During Apple’s quarterly financial report questions were raised regarding the fact that Apple had not released an expected $800 laptop at their “notebook event” and that there doesn’t appear to be a low-priced netbook on the horizon. Steve Jobs, actually, went so far as to say

We don’t know how to make a $500 computer that’s not a piece of junk, and our DNA will not let us ship that

That’s an awfully powerful statement for him to be making.  It wasn’t, though, the most powerful statement.

Yup, our favorite Twitter client for the iPhone and iPod Touch just got updated again.

Stone Design released version 1.4 of Twittelator Pro, their premium Twitter client, as a free update.

Twittelator Pro was already far and away the best Twitter app we have seen and this new version adds…