I'm guessing you've never seen extreme slow motion video before. Stuff bends and flexes when there's an impact like that. The camera records at a very high frame rate and then slowed down to show things that your eyes can see at real-time speeds.
as said....nice special effects....but unfortunately good old plain FUD....
on the other hand if you want to see how the phone drops in real life...enjoy:
http://youtu.be/JS8f-hVsDzA