If you are thinking less about the actual physical way a newborn sees the world and more about the way he might relate to what he sees it is something I have been intrigued with watching our newborn start to interact more visually with the world.
If you assume that he has no real frame of reference, everything he sees is new and he has to begin by forming relationships between objects or distinguishing between something like a face and a table or the ceiling as he stares at it in his crib. But it is a really interesting question because of the fact that any attempt to answer it on our part is so informed by all the visual things we take for granted.
In addition to these things, scientists have found that new born babies have an instinct to focus on the faces of people (as opposed to some other part of their body). It is believed that this instinct would help babies to bond with their parents -- it would make them look at their parents faces all the time and get to A) recognize them and B) tighten bonds with them because it makes the parents look at the baby's face all the time too.
Supposing that you're talking about newborn's sight, it is important to know that:
• The newborn baby doesn't see details because its visual acuity is sixty times smaller than that of an adult.
• The baby is sensitive to colors, but he doesn't pay attention to all of them: th baby seems to prefer green, blue and red instead of black and yellow. Also,the little one has no peripheral vision.
• However, the baby captures perfectly the movements and he is very attracted to anything that moves.