allow Apple users to create and edit videos, while Final Cut Pro is more geared toward professionals. iMovie for Mac has been updated to 10.3.5, and the latest version of Final Cut Pro is 10.6.5.
Final Cut Pro Updated
Final Cut Pro has advanced features for creating professional quality videos and movies. New updates allow people to export HEVC or H.264 videos faster on Apple Silicon Macs.
also improves performance when editing on a Mac with ambient light sensor (a component that supports True Tone). True Tone appears on the 2018 MacBook Pro and newer models, as well as Apple's Studio Display and Pro Display XDR.
iMovie Update
iMovie application has improved in terms of stability and performance and allows users to import Magic Movie and Storyboard projects from iMovie for iOS and iPadOS.
Apple released Storyboards and Magic Movie in the iMovie 3.0 update for iPhone and iPad on April 12, 2022 to help people create great video content.
Storyboard helps people learn editing and improve their storytelling skills. It replaces the blank iMovie timeline with 20 storyboard templates covering categories like cooking, gaming, and DIY videos.