YouTube has created an iOS app called YouTube Capture. The app lets you record videos and then instantly share them on social networks. Some of the features built into the app include color correction, video editing, and stabilization.
The app also lets you add free background music and the ability to add captions. The application reminds you to rotate your phone to avoid vertical video issues. YouTube already has an existing iOS app, but that is only for viewing YouTube videos.
There is a way to upload a video from iOS to YouTube through the mobile operating system, but the standalone YouTube Capture app gives users more options for editing the videos for YouTube.com.