And while that's great news for those looking to take less-wack selfies at the bar, the new video features that come along with it mean something else: a high-quality camera filmmakers—and those who aspire to be—can keep in their pockets.

Not that they didn't have that before. iPhones have been used to make shorts and other types of films before—there are even multiple iPhone film festivals—but what the iPhone 6 offers is what Apple's Phil Schiller called "technology used by high-end DSLRs" during yesterday's product announcement. Coupled with the ability to grab 1080p high-definition clips at 60 frames per second, take 240-fps slow-motion shots, provide cinematic video stabilization, and offer up to 128 gigabytes of storage, there's more than enough oomph in the iPhone 6 for a few takes. It's the kind of power that could, like other developments in filmmaking technology, give rise to a whole new style of moviemaking.

"The iPhone has been here for a while, but in 2015 I think there's going to be dozens, hundreds, of movies shot on the iPhone 6. I hope, at least, people find it a useful tool," says Ricky Fosheim, the director of And Uneasy Lies the Mind, a feature film he made entirely on an iPhone 5 for $15,000 and managed to get into this spring's South By Southwest Film Festival. (It's out on VOD this month.)