In the previous issue of the Note, we run a story titled “Why publishers should grab the iPhone business“ Today, I’m glad to report that the Associated Press did it. AP announced last week that it was lining up to 107 partners to make stories available for the iPhone. The service will deliver local news from participating member newspapers and national and international news from AP. The reports will be organized by ZIP code (and we hope could be geolocalized for the future GPS embedded phones). Companies that help connect advertisers with networks of Web sites will be among the sellers of ads for the service and will share revenues with the news providers, AP statement said. The next logical step would be to develop specifically designed readers that will allow pages storage and fast offline reading.