Capturing amazingly sharp 720p, iPhone 4 will be one of the greatest smartphone video capturing devices on the market. Interestingly enough, the phone will come with a lite version of iMovie. Meaning transitions, the Ken Burns effect, clipping, tap focus, led light and one-tap sharing make their debut. It has text and titles, geolocation, music and even multi-touch gestures for trimming in the timeline. Also included are five – hopefully more soon – iMovie themes Modern, Bright, Travel, Playful, and News.
We’re no longer sure it’s a lite version. Coming soon for $4.99 in the app store.