The iPhone 15 Pro already supports spatial video capture, but not photos. The iPhone 16 and 16 Pro can do both. The camera orientation now puts both cameras on the same plane, meaning they're evenly spaced for landscape shots. (Much like the iPhone 15 Pro, spatial photos and videos can't be recorded vertically.)
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At least more iPhones will work for recording 3D content, but so few people own Vision Pros that it's still unclear how anyone else will be able to appreciate the immersive 3D photos and videos without a $3,500 spatial computer. Meta's Quest headsets can also display Apple's spatial videos and hopefully, it will also work with spatial photos.
At some point, Apple could have a more affordable Vision headset. When that happens, expect Apple's iPhone camera recording technology to evolve even further, with more benefits for spatial audio/video capture. None of Apple's current iPhone 3D recording capabilities approach the immersive video format Apple records with specialty high-end Blackmagic cameras, but I'm very curious how new features might continue to creep into future iPhone camera updates year over year.