The final part of today’s Apple launch party for iPad 2 focused on two new iPad apps that will be available for $4.99 each: iMovie and GarageBand.The iPad 2 version of iMovie, as demonstrated by Randy Ubillos at the launch event, enables iPad 2 owners to shoot and edit videos right on their iPad and post their movies to YouTube, Facebook, Vimeo and their MobileMe gallery. You can then watch the movies on your iPod, iPhone or iPad, or view them on your HDTV via AirPlay and Apple TV. The app will be universal, so will also work on the iPhone and iPod touch.
GarageBand for iPad, presumably inspired by all the different ways in which the iPad has been used to make music over the past year, turns your iPad into a collection of touch instruments, and includes an 8-track recording studio and 250-plus loops. Steve Jobs came back onstage to launch it personally, before handing over to Xander Soren for a demonstration of what it can do. He showed how you can play on-screen keyboards, guitars, drums and basses using multi-touch gestures, and how, even if you’ve never picked up an instrument in your life before, you can use the app’s Smart Instrument feature to “play” the on-screen instruments using simple gestures. Kind of like Guitar Hero and Rock Band, maybe, but a little more elaborate. There’s even an autoplay facility so you can sit back and do nothing at all!
Both apps will be available in the App Store from March 11.
Source: Live from Apple's iPad 2 event (update: it's over!) -- Engadget, Apple