When iPhone was released, we all knew it was going to take the mobile industry by storm and astonish us ceaselessly. What many of us might not have anticipated, let alone expected, is the sheer ease with which the iPhone is all set to overtake Nintendo, Sony PSP and the likes in the gaming arena. Out rightly rivaling handheld gaming consoles, the iPhone is all set to game its way down in history with its SDK implementation when it takes off the runway this June. The way the prospects look, it seems anyone with the idea of toying with the iPhone and developing games might just get to hold the boon and be granted his wishes. The only hurdle that one can envision is the prohibitive cost of the iPhonepriced around $400 which is indeed a comparatively high price for a handheld gaming device. However, seeing that Apple’s iPhone is primarily a smart phone and then a gaming device, the cost rates secondary to the immense pool of facilities it endeavors to provide.If Apple were to actually take up the task of stocking themselves up with a decent range of games, they are sure to overshoot Nintendo and Sony sales by more than a mile. They might even come out with an exclusive gaming console at a price to compete with the handheld gaming devices market and establish themselves as ideal competition at a lower price. Apple however for now, has set its sights on leveraging the iPhone.Going by the SDK promise, it looks like the future is awaiting a whole different class of performance, where iPhones are concerned.Just yesterday, a group of us were sitting around and a friend whipped out his iPhone to play a game. And we were incessantly amazed by the ease with which he could manage the game on the iPhone. Almost, nay, just like a handheld, even better actually.