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Looks like mSpot has beaten Netflix to the punch. mSpot Mobile Movies will stream movie rentals to your iPhone or any of 30 compatible mobile devices. The movies are delivered over Wi-Fi or 3G connections on demand.

To test your mobile device for compatibility, mSpot sends a text message with a link to the service (iPhone users can enter the URL directly into Safari). Movie Club members can purchase credits that expire at the end of the month if unused. A more expensive option is a one-time rental of $4.99. The movie can be watched for 24-48 hours depending on the film.

The App Store has only been online for five quarters, yet it continues to impress with a staggering number of offerings and purchases. Apple has announced there are now 85,000 iPhone and iPod Touch applications available via iTunes.

50 million people own a compatible Apple device and 125,000 software developers are participating in the Apple iPhone Developer Program. 1.5 billion individual downloads were clocked on the App Store within the first year of its operation.

How about making iPhone calls on your own personal cell tower? AT&T has test launched its femtocell solution for individual users, dubbed the MicroCell. This device is compatible with the iPhone 3G and 3GS.

MicroCell data speeds will be slower than the 7.2 Mbps the iPhone 3GS is capable of delivering, however they will achieve 3.2 Mbps, matching standard 3G speeds. The device allows users to make calls and send text messages using a 5,000 square foot local 3G network.

Only two weeks after releasing iTunes 9, Apple has released an update with numerous bug fixes and improvements. One notable change is that the green zoom button brings up the mini-player, just like it did before iTunes 9 took that away.

Another issue resolved by iTunes 9.0.1 is the ordering of podcasts. Some users were complaining that these files were not sorted properly in version 9.

This Friday AT&T is expected to text its iPhone customers in groups every hour, notifying them that MMS is finally ready for action on their iPhone. Some reports have indicated this process could start as early as 10AM Eastern Time.

MMS will be activated by a carrier settings update from iTunes. The service will make it possible to send photos and videos along with text to other mobile devices without using email. MMS will not be supported on the original (2G) iPhone.