Apple’s iMovie for iPhone video-editing app received its first update today. Version 1.0.1 brings improved reliability and performance improvements. The application, a stripped-down version of iMovie ’09 for Mac, allows users to create movies from video stored on the device. It currently runs only on the new iPhone 4.
The company also released an update to its iDisk app, bringing native iPad support, among other features. This is the first Apple app originally released for iPhone to get an iPad version. If you’re a MobileMe member, download it now!