Apple announces iMovie for iPhone

As part of the iPhone 4 introduction during WWDC 2010, Steve Jobs announced iMovie for iPhone, with one-click sharing. This is basically iMovie from the iLife suite for Mac brought to the iPhone. Up to 720p editing and most of the functionality you'd expect, including transitions and Ken Burns effects.

Make beautiful HD movies anywhere with iMovie, the fun, feature-rich video editing app that’s designed for iPhone 4. Create a video postcard of your day at the beach and publish it to the web without leaving your spot on the sand. Or make a movie of your child’s birthday party and send it to your parents while the party is in full swing. You can start several projects on your iPhone 4 and finish them whenever you want and wherever you are.

It will be in the App Store for $4.99

Rene Ritchie is one of the most respected Apple analysts in the business, reaching a combined audience of over 40 million readers a month. His YouTube channel, Vector, has over 90 thousand subscribers and 14 million views and his podcasts, including Debug, have been downloaded over 20 million times. He also regularly co-hosts MacBreak Weekly for the TWiT network and co-hosted CES Live! and Talk Mobile. Based in Montreal, Rene is a former director of product marketing, web developer, and graphic designer. He's authored several books and appeared on numerous television and radio segments to discuss Apple and the technology industry. When not working, he likes to cook, grapple, and spend time with his friends and family.