Netflix will add to its App Store offerings later this summer, when it releases a new app for the iPhone. Previewed during Monday's Worldwide Developers Conference keynote, the movie rental service's app will provide the full Netflix experience: you can stream video (over Wi-Fi and 3G), view recommendations, browse genres, and access your queue.

The iPhone app will provide the "same service on your TV, iPad, or laptop," Netflix CEO Reed Hastings said Monday.