Starting from iPhone OS4, you can add an advertisement banner to your iPhone Application using the iAd framework. I found a great article talking about adding iAd to the iPhone app. Here is an example of a empty view based application with iAd.

1. Open Xcode and create a new View-based Application (iAdProject)
2. Add iAd.framework to the project
3. Modify the iAdProjectViewController.h Continue reading iPhone – Create an iAd Application →