Our Mobile App of the Day today is Netflix for iPhone 4.

Netflix is one of the biggest names out there when it comes to video and movie streaming. They have recently released an update to their popular app that allows the iPhone4 and newest iPod Touch to directly stream content to your TV or monitor.

There are other minor fixes included as with most updates, but the video out function is a real step forward for those with an iPhone 4 or new iPod Touch that do not have another way to stream to their television. Before, this functionality was only available on the iPad. If you're looking to expand your Netflix experience to your iPhone 4 or iPod touch, update your app or grab the fresh new version here. Make sure you have your Apple cable and unlimited data plan handy.