To take advantage of the powerful new hardware Apple announced just a few hours ago, an updated version of iMovie is being released. The app is similar to its iPhone counterpart, but we expect that aspiring home-cinematographers will be much more productive on the iPad’s large screen. Users will be able to shoot, edit, and share entire HD home movies from a single device—nothing we haven’t seen before, but cool nonetheless.
Additionally, Apple will be releasing a version of GarageBand for the iPad. It features instrument connectivity, Mac-compatibility, over 250 loops, guitar amps and effects, 8 track recording and mixing, a slew of pressure sensitive touch-instruments, and the ability to email the finished AAC file to the poor chap who will pretend to be impressed with your musical ability.
Both apps will be available March 11th for $4.99.