Apparently the gameplay will still feature free-running over city rooftops and across multiple cities, though we'd think these would be smaller in scale than the game's console counterparts. Still, nice to hear Gameloft are at least trying to capture some of the main game's feel, instead of just sticking Altair behind some sandbags and have him throw knives all day.
There's no word on a release date or price as of yet.
Oh, fun fact: Assassin's Creed is owned by Ubisoft. Ubisoft is run by Yves Guillemot. Gameloft is run by Michel Guillemot, Yve's brother.
Assassin's Creed leaping onto iPhone [Pocket Gamer]