Check out the screenshots, it looks like the xbox version with some lower resolution textures.
Fact Sheet
Authentic Teams, Real Stars, True Legends
With real NBA rosters, you can dominate the game as Dwight Howard and other NBA All-Stars. Or unlock legends and elevate your game with true Hall-of-Famers.
Multiple Modes For Every Kind of NBA Action
Match up all 30 NBA teams in the new 82-game Season Mode. Play a casual game in Exhibition Mode, or battle all the way to the Finals in the ultra-intense Playoff Mode.
Play With Touchscreen Control
Control the game with a virtual analog stick. Use the accelerometer to accurately shoot free-throws. Touch the clip board to pick from a number of offensive plays or to select your defensive strategy.
Take It To The Rack With A Solid Soundtrack
Stay in the zone with 15 music tracks from artists like Matt and Kim, Snoop Dogg and Xzibit.
Commentary From A Broadcast Legend
Hear legendary announcer Marv Albert accent the action as you rain 3’s from downtown.
If I had an iTouch or iPhone, I would probably check this out for some ball gaming on-the-go. No multiplayer, though. I'm also not sure if they called it NBA Live 10 or just NBA Live.