3rd party apps on the iPhone and HD in iTunes?

Before you have HD video available for sale from Apple, you'll need a working HDCP implementation on the playback hardware. Their monitors are already HDCP ready, but none of the computers nor AppleTV are yet.

Blog Story from April:
http://twistedmelon.com/blog/apr2007.html

I really hope we can get some 3rd party apps. =)

If it supports Slingbox and some kind of SNES emulators, I will buy this at release as my phone contract is up in one week. If not, I am going to have to go with the Blackjack for now.

this is an introductory product into a new market. Apple isn't going to release something full of features like iLife apps on the phone because most people aren't going to know they need that yet ;) Apple is great at introducing an idea, letting it culture in people's minds, then releasing subsequent updates as the product matures. Just wait, you'll get what you want eventually.

What this needs is iworks and ilife on it - cut down or what ever but photos, music and being able to write and do documents on the go - no need for third party stuff. Get Apple apps on the phone come on!

He also hinted at 3G, quite strongly.
Walt didn't ask ANY follow on questions to it, so it may well have been stage managed.

"The second reason is more profound: they have spent and are spending a fortune to build these 3G networks, and so far there ain't a lot to do with them."
"We are going to deliver that. We're going to take advantage of some of these investments in bandwidth."