Video Editing Tool Found in iPhone OS 3.0

A few minutes after reporting about a rumor: Next Generation iPhone to Support 802.11n Wi-Fi?, I came to another one.

The guyz at Benm.at are reporting that they found some hints in iPhone OS 3.0 Beta that the Next Generation iPhone will include a video editing app (iMovie app) that will let you crop and modify video files.

They have also posted a screen shot for the folder containing UI images, markers of the video editing app in iPhone.

Screenshot:

video-editing-app-for-iphone

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