If there are any doubters of the new iPhone 4 720p video capabilities and the editing of such with the iMovie for iPhone app still out there thinking they are overrated then take a look at the short video we have for your viewing pleasure today.

According to Daring Fireball, this short film titled “Apple of My Eye” by Michael Koerbel was shot entirely on the new iPhone 4 handset and edited using the iMovie application.

The “Apple of My Eye” video comes our way courtesy of Michael Bettiol over at the Boy Genius Report and lasts just one minute twenty seconds, but shows just what can be achieved with a little imagination on the new iPhone 4.

Not much else to say except simply impressive so head on down and check out the “Apple of My Eye” video and just enjoy.

http://www.boygeniusreport.com/2010/06/28/short-film-shot-and-edited-on-an-iphone-4-should-scare-the-pants-off-of-flip-video/