Android 4.2 has come with a new feature called Photo Sphere. The concept of this feature isn't new at all though. It's basically panorama mode which has been around for years on smartphones, but recently Apple and Google are just highlighting the new modes and giving them special names.
Hugo Barra, one of the key developers behind Android, has uploaded some photos which have been taken with Photo Sphere mode. The photos are pretty awesome but also just as you'd expect from a panorama mode.
You can also check out pictures taken with the iOS 6's panorama mode - Over 20 Amazing Pictures Taken With iOS 6 Panorama Mode