iMovie, the Apple application that edits video clips

Apple Lossless Audio CODEC (ALAC), It provides a new application that called iMovie. This app costs 4,99 dollars and allows users to make and edit video clips directly from the iPhone, putting a series of effects and filters at their fingertips, both for the image and the audio part. Also, users can make trailers, having the possibility to select the best video clips and pictures for them. iMovie application it also has functionalities such as marking favorite "moments" or distributing videos or just sequences.