Roland over at Geeky Gadgets shows you how to build a very low cost iPhone stand from pencils.
The pencil stand lets you watch conveniently video on you Apple iPhone or any other phone.
Apparently you need one more pencil for the iPhone 3G as it is a bit thicker.
Besides the pencils you need 4 elastic bands. Just do not let your boss see you building this iPhone stand. He will immediately see that your work load is way too low. More details on Geeky-Gadgets. There is also an iPhone stand made with Binder Clips. More details on that one on Cult of Mac.