The interesting thing about this spot is how closely it links to Apple's selling points without dwelling on them. Low-light works. Slow-motion works. Sending it to the TV works. Everything is as it should be and nothing is difficult - there's no 'hang on a moment while I make this work' - the experience we've all had trying to show something 'technical' to a non-technical audience.
In other words, this is not a branding spot, it's a pure feature-led spot, but it approaches those features as part of an experience such that the technology just fades away. This is the point of Apple. You're not supposed to know your camera's aperture, just that it can take a video of a baby in the dark.