According to a recent rumour from Electronista, MySpace are amoung the first groups to be developing native third-party iPhone software with the SDK.

The software is believed to built using a pre-release version of Apple's SDK and has largely been considered a secondary priority at the company, which has only devoted a handful of staff to the project.

The application in development is rumoured to include an iPhone-native front end for the MySpace website. Whether it will support MySpace's signature music and video services is unknown, but given the iPhone's lack of a native Adobe Flash port for the handset it seems very unlikely.

A finished version is unlikely to be complete for Thurday's iPhone SDK presentation.

[via Electronista]