The answer is yes, with some exceptions. The iPhone has a camera, GPS, cell phone and G3 capability, bluetooth aNd a built in microphone and speaker, which the

The answer is yes, with some exceptions. The iPhone has a camera, GPS, cell phone and G3 capability, bluetooth aNd a built in microphone and speaker, which the iPod Touch lack. The app store is device aware and will only sell you applications you are able to use on your device. So you won't be able to use any applications that require the above features, but you'll be able to use all that don't (for example, most games.)