The video editing app was released June 21, 2011 as the successor to Final Cut Pro. Its lack of features and new magnetic timeline caused an immediate backlash; however, over the years it's gained much of its missing functionality back and is now used by many professionals.
Apple says that "we went much faster from 1 million to 2 million seats than from 0 to 1 million." Take a look at a short clip of the announcement below...
You can purchase Final Cut Pro from the Mac App Store for $299.99.
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