Beginning in version 4, iMovie introduced Direct Trimming, implementing editing functionality closer to professional-grade editing software. In prior versions of iMovie, trimming a clip removed the trimmed portion permanently. IMovie 4 introduced nondestructive video editing. IMovie 3 was plagued by performance issues and bugs. IMovie 2 added the ability to interleave video and audio tracks on the timeline. Both iMovie and the iMac DV were announced at Apple's special event on Octoat the Flint Center. The first version of iMovie was released in 1999 as a Mac OS 8 application bundled with the first FireWire-enabled consumer Mac model, the iMac DV. IMovie is pre-installed on all new Macs, iPhones, and iPads, and is available for free on the App Store. The iOS version of iMovie came out in 2010. iMovie '08 was a complete rewrite, and lacked many of the features of previous versions, which returned in iMovie '09 and iMovie '11. With version 3, iMovie became part of Apple's now-defunct iLife suite, alongside other multimedia apps. IMovie was originally released in 1999 for Mac OS 8, and bundled with the iMac DV. iMovie's professional equivalent is Apple's Final Cut Pro X. It includes a range of video effects and tools like color correction and image stabilization, but is designed to be accessible to users with little or no video editing experience. IMovie is a free video editing application made by Apple for the Mac, the iPhone, and the iPad.
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