What you will be seeing later will blow your mind away. It is a short commercial from Ducati (Motorcycle) and it is shot entirely on iPhone 4. Of course, they uses some other gadgets for stabilization and wide angle. There is no alteration to the color at all. Impressive.
How they achieve such stability? They are using Owle Bubo. A kind of grip for iPhone 3Gs and iPhone 4.
It has a wide angle lens and it comes with a microphone.
Click Here to Owle Bubo website
And click here if you want a review on this gadget
Now, the Ducati commercial. Enjoy.
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(source)