Frustratingly that mythical video editing app you’re looking for was actually a previous version of iMovie. Apple crippled iMovie with the release of iMovie 08,

Frustratingly that mythical video editing app you’re looking for was actually a previous version of iMovie. Apple crippled iMovie with the release of iMovie 08, which removed a bunch of previous features and workflows in an effort to make it easier to post videos to YouTube. Apple made it easier to create simple videos, but incredibly difficult to make anything slightly more complicated. Editing clips synced to music became a frustrating game of Tower of Hanoi. I thought there would be hope with switching to FCP, but then they did the same thing in 2011 with FCP X.