Yes it does, no it doesn’t. The debates have gone on since the iPhone was announced. What can it do, and what can’t it do? Well, here’s what the iPhone can’t do:

  • Video recording
  • Instant Messaging
  • Any flash support
  • Games
  • Songs as Ringtones
  • Picture messages (MMS)
  • One-size-fits-all headset jack (May have to buy an adapter for certain headphones)
  • Wireless Bluetooth Stereo Streaming
  • Voice recognition or voice dialing

Personally, I think the feature I’m most disappointed to hear about is the lack of video recording. Even the cheapest camera-phones nowadays can record video, albeit sub-par quality, but sometimes that’s all you need.

Source:

Gizmodo