It more than likely does, as does any other device or phone operating in the tri- or quad-band cellular UHF, or 2.4 GHz (UHF)/5 GHz (SHF) wifi spectra. Is the iPhone controlling a device that's feeding the system (computer, Apple TV, Airport Express, etc.), or is it isolated? I've heard what you're describing when receiving text messages (or other cellular reception) if I'm very close to the system components. There are a lot of antennas in audio systems that can pass that garbage along through to your speakers.