With a new iPhone on the way capable of recording HD 720p video , Apple is getting a mobile version of iMovie ready for action . chief operating officer Steve Jobs announce plan to release the television - editing app during Monday ’s Worldwide Developers Conference tonic .

iMovie on the iPhone

The app will cost $ 5 and should come in the App Store soon . “ If we okay it , ” said Jobs , in a joking reference to his company ’s often murky app favorable reception process .

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iMovie on the iPhone

If Monday ’s preview of the app is anything to go by , though , have a bun in the oven iMovie for the iPhone to get the green visible light . demo by Apple primary designer for video recording Randy Ubillos , who was also responsible for the redesign of iMovie back in 2008 , iMovie for the iPhone takes users beyond simple cuts in the Camera Roll and allow them to put together full formed films without ever touching a computing machine .

“ iMovie [ for the iPhone ] is one of the most exciting things I ’ve ever worked on , ” Ubillos told WWDC keynote attender .

The peregrine app borrows heavily from its computer cousin , allowing substance abuser to create full - featured projects from the comfort of their phones .

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Users can build and redact multiple undertaking using antecedently film clips , picture , or video recorded straight into the timeline . From there , transitions , titles , and music can be added with the pat of a finger . Photographs automatically expose using the Ken Burns Effect — this is iMovie , after all .

For even loose display , Apple provide five unlike pre - made themes to box your clips in . theme mountain range from Modern and Bright , which offer a clear , simple look for your transitions and text , to Travel , Playful , and News , which spice up your option with colorful graphics and fonts . Apple also has various custom - scored medicine loops useable , if that thankful Dead birdcall in your iTunes library is n’t quite what you want for that picture of your girl ’s fourth natal day party .

The redaction process is quick and simple : individual clips can be tot to the timeline from the trimming bin , then trimmed by tap and sweep up remark decimal point left or right . The entire timeline can be scrubbed through with a swipe , or resized via arrest - to - zoom . redaction can be done in either portrayal or landscape mood , depend on user preference .

you may preview your iMovie chef-d’oeuvre by tap on the maneuver clitoris at any clip , and once it ’s done , you may share it with the world in three size — Medium ( 640×360 ) , big ( 960×540 ) , or HD ( 1280×720)—using e - mail , MMS , YouTube , or MobileMe . you could also export your picture show to your iPhone , where it will remain until the next prison term it get together your computer for a well - deserved sync .

It ’s unclear at this gunpoint whether you ’ll be able-bodied to movie iMovie projects back and forth between the iPhone version of the app and iMovie for your screen background . Apple also has yet to clarify whether the wandering app will knead only with iPhones with build - in television cameras — that’d be the iPhone 4 and iPhone 3GS — or all iPhones , as third - party apps have add TV - seizure functionality to many old headphone . Apple has n’t yet responded to our request for more information on either issue , though its Website seems to indicate iMovie for iPhone is designed with the iPhone 4 in mind .

If you want more selective information , ensure out Apple ’s Website , which also has a few prissy promotional shots of the app in activity . The app is name as “ coming shortly , ” and should retail for $ 5 on the App Store .

Updated at 2:25 p.m with more entropy throughout the news report .