Apple have unveiled Final Cut Pro X. It will debut in June on the Mac App Store for $299. It has the same look and feel as iMovie with the high end editing resources of Final Cut. You can now edit 4K clips on 8 Core Systems. FCPX now renders video clips in the background. It also includes many other features including Magnetic Timeline, People Detection, Smart Collection, Automatic Image Stabilisation and Rolling Shutter fix. These features just mentioned do these things while it is importing your videos. Also you don’t have to wait for the whole video to be imported before you start editing.