Apple says the 1080p video will work in both 30fps and 60fps. There will also be slow-motion video support for 120fps or 240fps. The iPhone 6 Plus (sorry iPhone 6 owners) will have cinematic video stabilization features, along with a gyroscope so that users will be able to take less shaky videos while on the go. Finally there will be support for continuous autofocus for video.
Stay tuned as we will have more from the iPhone press event in Cupertino.