The most expected hot application of the summer is ready and will be available on June 21st in all the channels. Netflix Representatives have announced today that the company will launch an Application especially for iPhone 4.

There is no release date announced yet but it is expected that the application will be splashed soon. After the announcement the Netflix stocks rose near to 2.5%.

Netflix is trying to use iPhone 4G as a marketing tool for their product while Steve is also looking for business from the complementary companies.