New iPhone Recording 720 Video?
New features are being found in the latest iPhone 4 Beta SDK including the ability to capture video at higher resolutions than the current standard 640×480. The video classes that are now available imply that the new iPhone will be able to capture video at 720.
AVCaptureSessionPreset640x480
AVCaptureSessionPreset1280x720
This new ability to capture HD video could provide some new interesting apps for video editing and much more detailed augmented reality.
The new iPhone has been rumored to have a 5 Megapixel camera and is expected to be announced during this years June 7th WWDC in CA.