We can’t say we didn’t suspect the next-gen iPhone to have this video editing software on board. After all iPhone 3.0 beta suggests that video editing will be possible so we should definitely assume that this much-requested feature will be available soon. Based on sources close to the matter Peter Burrows from Businessweek had this to say about the whole video editing thing:

Evidently, shooting video is as easy as it is with a Flip, the ingenious device made by Pure Digital (recently purchased by Cisco). Then there’s an iMovie app that lets you quickly save the sections you want, right there on the phone itself. There may also be support for MMS, so the clips can be shared wirelessly with friends. And because of the iPhone’s relatively large screen, your friends don’t have to schlep to your PC or their Facebook page to see that video of your kids or your safari. Just hand them your iPhone.

Sure you will say this isn’t Apple talking but we assume those inside sources now what they’re talking about. Will Apple’s next-gen iPhone still manage to surprise us or will we rather get a Pre instead? What do you think?

via macrumors