I don't know about that. A couple of back-of-the-envelope computations make me think that 10 years is not a long enough timeframe to make such a camera anywhere near common. Consider, for instance, the 3 ton weight. Suppose that technology develops such that an equivalent sensor halves in weight every year. Ten years then represents halving the weight 10 times, giving a weight of approximately 6 lbs. That definitely isn't iPhone weight, and comes from a pretty optimistic assumption about how quickly the technology will develop. The computation, for completeness: (3 tons) / 2^10) ~= 5.9 lbs
Or we could look at pixel counts. The summary claims that the camera will capture 3.2 gigapixel images. Apple claims that the iPhone 6 has a 8 mega pixel camera. So the telescope camera will capture 400 times as much data. Assuming that the iPhone camera doubles its pixel count every year, it would take almost 9 years to get to 3.2 gigapixels. Even if we assume that the iPhone is used to take panoramas, where a panorama can have up to about 2^3 the pixel count of a non-panorama (again, see Apple's claims), this represents 6 years of doubling every year, which is, again, pretty optimistic.
Long story short: yes, technology marches forward, but this is likely to be a pretty impressive instrument even 10-15 years in the future.