A company called OLO Computer is showing a concept device that runs a full version of OS X off of a docked iPhone, as seen below. Because the company’s website is slim on details, we can only speculate on how it works, or how it would work. Since the iPhone is a closed platform, being able to utilize it as a full-fledged OS X device would be quite difficult and would present many challenges.

This concept is different than the much-condemned (and canceled) Palm Fole0 and recently-discounted Celio REDFLY, which attempt to bring a big screen and laptop-like input to Palm and Windows Mobile OS, respectively.

Thanks to iTWire for the tip.