Today, Apple announced Final Cut Pro X, a revolutionary new version of its professional video editing application. Final Cut Pro X is a 64-bit app that takes full advantage of the latest Mac hardware and software for superb performance.
Final Cut Pro X also includes powerful tools for audio editing and color correction, and is complemented by Motion 5 for professional motion graphics and Compressor 4 for advanced media encoding.
All three of these apps are available on the Mac App Store: Final Cut Pro X is $299, and Motion 5 and Compressor 4 are $49 each.
Apple also announced today that it will no longer sell Final Cut Studio, Final Cut Express, and Final Cut Server.
Additional info about Final Cut Pro X may be found here.