What exactly is an iPhone template?  An iPhone template is aggregation of code and media that perform a set of functions.  For example, say I wanted to create a news reader application like the NYTimes iPhone Application and really didn’t know where to start.  For one, you could download the RSS reader iPhone template from sites like iphonetemplates.com and instantly have a working application that just requires slight modfications.  All you have to do is provide your custom news source and layout that best fits your news channels and you are ready to publish to iTunes for testing.

Either way, the days of creating iPhone applications from scratch are over.  Just think, in less than a year the iPhone Applications repository went from 1 to over 65,000 applications.  An unbelievable statistic when you compare it to other platforms.