We know some of the features within Apple iPhone OS 3.0, but it appears more is being uncovered as the guys over at AppleInsider seem to have discovered a new feature known as “Find My iPhone.”
The new “Find My iPhone” feature appears under MobileMe account settings in the ‘Contacts, Calendars and Mail’ settings and when activated shows a sheet asking the iPhoner if they would like to enable “Find My iPhone” service.
As yet its not known just what “Find My iPhone” actually does, but we guess judging by the name it locates the iPhoners Apple iPhone via MobileMe.
Source — macworld