IPhone 4 sumerged in water for an hour?

My iPhone 4 was in as golf cart, and my brother drive it right into the lake. It took about an hour to get out and it sat in the cart overnight. I just got it back and it's sitting in rice. 24-48 hours. Do you think it will work?

Better yet try putting in in a box full of those tiny bags filled with gel that are used to package items and keep the away from moisture!

No. Any electronic that was submerged into water for that long will deffinitly not function properly.

From what I've heard, yes it should work. (giving positive energy)