Apple has introduced an updated version of its Pro video editing software with a magnetic timeline that enables editing on a flexible trackless canvas.

The Final Cut Pro X is now available for $299.99 at Mac Apple Store and is complemented by two companion apps, Motion 5 for professional motion graphics and Compressor 4 for advanced media encoding, each for $49.99.

The updated device also features a Content Auto-Analysis that categorizes your content upon import by shot type, media and people.

Final Cut Pro X is the biggest advance in Pro video editing since the original Final Cut Pro, stated Philip Schiller, Apple's senior vice president of Worldwide Product Marketing.

The Clip Connections installed in the device helps to link primary story clips to other elements like titles and sound effects. This way, they remain in perfect sync even when they are moved. Furthermore, it is also possible to combine related story elements into a compound clip that can be edited as a single clip.

Completely rebuilt from the ground up, Final Cut Pro X is a 64-bit app that takes full advantage of the latest Mac hardware and software so as to avoid any kind of wait for the next edit, even while working with 4K video. It uses multi-threaded processing and the GPU on a graphics card for blazing fast background rendering and superb real-time playback performance. Additionally, a ColorSync-managed color pipeline ensures color consistency from import to output.