While people feared that Apple will discontinue Final Cut like Xserve, it looks like our favorite video editing program for Mac is getting a "Spectacular" update. So yes, according to TechCrunch, a highly revamped version of Final Cut Pro is due to be released in Spring of 2011. Excited? Hit the break for more details.
According to the site, its sources tell that a small group of video editors were invited on the Apple campus recently to test the latest version of Final Cut Pro. It seems like Apple is putting the final touches to “the biggest overhaul to Final Cut Pro since the original version was created over 10 years ago.”
One source described the new release as encompassing everything from low level architectural changes to a complete redesign of the user interface. It’s safe to say the newest version will be 64 bit as that's what users have clamored the most for. Early reports from people who have demo’d the new Final Cut Pro (FCP 8?) say that the changes are "dramatic and ambitious" and should alleviate concerns that Apple has shifted its video editing focus from the professional to the consumer space, shutting down work on FCP.
The site speculates that Apple may launch the new version of Final Cut Pro near to the time of the National Association of Broadcaster conference, scheduled from April 9 – 14 2011.