While a lot of popular iOS applications first made their debut on the iPhone before moving to the newer iPad platform, Netflix has chosen then alternate route to make features available first on the iPad. This makes sense considering that the iPad is the better media consumption device of the two and is the go-to platform for users who want to watch movies and TV shows.
The company has now released a new update to the iPhone app that brings the popular TV-out functionality of the iPad app to the iPhone. This will now allow users to connect their iPhone to a TV to watch Netflix streamed movies and television shows on TV. Do remember that you will need an AV dock to connect the iPhone to TV. You can either choose to buy an Apple-certified AV cable or pick one of those third party cloned accessories.