There was a thread a few weeks ago that the Stocks App that comes on the iPhone was showing incorrect data for stock quotes. Now, I'm noticing incorrect data for the time zones! 
Notice that the iPhone shows 12:29am in Los Angeles (which is true), but shows 7:29am in London (should be 8:29am).
UPDATE: READ POST #5 BELOW TO FIND OUT WHERE THE PERCEIVED ERROR OCCURRED.
http://www.mapsofworld.com/time-zone-map/world.htm
Notice that the iPhone shows 12:29am in Los Angeles (which is true), but shows 7:29am in London (should be 8:29am).
UPDATE: READ POST #5 BELOW TO FIND OUT WHERE THE PERCEIVED ERROR OCCURRED.

http://www.mapsofworld.com/time-zone-map/world.htm