Apple releases iMovie for iPhone update

Apple has released a maintenance update to iMovie for the iPhone 4 addressing several issues with the 1.0 version. iMovie 1.0.1 improves reliability when exporting movies containing photos, resolves issues with music playback within a project and promises additional performance and reliability improvements. iMovie is available from the App Store in the U.S., U.K., France, Germany and Japan for $5 and is a free update for current users.

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