Final Cut Pro X, a new version of the world's most popular Pro video editing software has been announced by Apple. The latest version of video-editing software geared for professionals.

The Apple official blog said, The software completely reinvents video editing with a Magnetic Timeline that lets you edit on a flexible, trackless canvas; Content Auto-Analysis that categorizes your content upon import by shot type, media and people; and background rendering that allows you to work without interruption.

The new version available  from Mac App Store for $299.99 is a complete 64-bit rewrite of Final Cut, combining abilities from several of the software programs that are included in the Studio suite. Mac App Store, the digital storefront was rolled out to Snow Leopard in January .

Final Cut Pro X is the biggest advance in Pro video editing since the original Final Cut Pro, said Philip Schiller, Apple's senior vice president of Worldwide Product Marketing. We have shown it to many of the world's best Pro editors, and their jaws have dropped.

Final Cut Pro X is a follow-up to Final Cut Pro 7, the software that was released by Apple in 2009 as part of Final Cut Studio.

I'm blown away by what Apple has done with Final Cut Pro, said Angus Wall, Academy Award-winning film editor. Final Cut Pro X is incredibly modern and fast, but most importantly it lets you focus on telling your story in the most creative way, while it actively manages all of the technical details.

The software comes with new features including is a tool that detects when are people in shots. It also detects the type of shots, for example- close-up, medium, or wide-angle. These features were also present in the most recent version of iMovie, and they're not the only iMovie carry-over.Skimming, is another feature. It lets you preview the content of a clip by just moving your mouse across the clip.

Final Cut Pro also comes with two ornamental programs, Motion 5 for professional motion graphics and Compressor 4 for media encoding.