I am following a course to learn Unity3D.
Game Development for iPhone/iPad Using Unity iPhone Tutorials
I am following along whatever author is doing on the screen. He is using Unity 1.6 and I am using Unity 3.40f5
When I try to apply the texture as he does in the movie, my model turns black. Is there something trivial that I am missing here?
Also find the screenshot attached.
Whats happening in the movie with author - 
Whats happening on my screen - 