iMovie for iPhone will be one of the most demanding mobile video editing apps to date when it's released, contacts within Apple said today. The software will need an iPhone 4 as only the A4 would have enough power for both the 720p video and real-time transition effects. iPads were also ruled out by TidBITS' informers, as the tablets aren't designed to adapt to the iPhone 4's 960x640 resolution; the lack of a camera is also a major factor.
