StudioDaily’s Beth Marchant reports on “key features” delivered in Final Cut Pro version 10.0.3. Marchant interviews Radical Media CTO Evan Schechtman — an early adopter of Final Cut Pro X — who calls version 10.0.3 “an even bigger deal than the original release,” noting that his company is “ready to transition completely to Final Cut Pro X now that broadcast monitoring and multicam editing are in the mix.”

Apple today announced financial results for its fiscal 2011 fourth quarter ended September 24, 2011. The Company posted quarterly revenue of $28.27 billion and quarterly net profit of $6.62 billion, or $7.05 per diluted share. These results compare to revenue of $20.34 billion and net quarterly profit of $4.31 billion, or $4.64 per diluted share, in the year-ago quarter. Gross margin was 40.3 percent compared to 36.9 percent in the year-ago quarter. International sales accounted for 63 percent of the quarter’s revenue.

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Just in time for the holidays, Apple’s fifth Manhattan store opens for business at New York’s world-famous Grand Central Terminal at 10 a.m. on Friday, December 9. The store overlooks the historic Main Concourse and features two Genius Bars, entire rooms dedicated to Personal Setup and Personal Training, and an expert team of 315 employees. Holiday shoppers can test-drive Apple products, attend 15-minute Express workshops, get free technical support, and more.

President Mohamed Nasheed of the Maldives resigned on Tuesday amid rising protests in the capital over his recent arrest of a criminal court judge.

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Apple today released Final Cut Pro X version 10.0.3, a significant update to its revolutionary professional video editing application. Version 10.0.3 introduces Multicam Editing, which automatically syncs up to 64 angles of video and photos; advanced chroma keying for handling complex adjustments right in the app; and enhanced XML for a richer interchange with third-party apps and plug-ins that support the fast growing Final Cut Pro X ecosystem. It also includes a beta version of Broadcast Monitoring that supports Thunderbolt devices as well as PCIe cards. Final Cut Pro X version 10.0.3 is available from the Mac App Store for $299.99 (US) to new users, or as a free update for existing Final Cut Pro X customers.

Check out the news from the launch and be among the first to download Internet Explorer 9.

Before the Senate Budget Committee, the Federal Reserve chairman continued to defend against criticism of efforts to simultaneously control inflation and unemployment.

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Apple today announced iPhone 4S, the most amazing iPhone yet, packed with new features like Apple’s dual-core A5 chip for blazing fast performance and stunning graphics; an 8MP camera with advanced optics; full 1080p HD resolution video recording; and Siri, an intelligent assistant that helps you get things done just by asking. iPhone 4S also ships with iOS 5 — the world’s most advanced mobile operating system, with over 200 new features — and iCloud.

Apple today announced financial results for its fiscal 2012 first quarter, which spanned 14 weeks and ended December 31, 2011. The Company posted record quarterly revenue of $46.33 billion and record quarterly net profit of $13.06 billion, or $13.87 per diluted share. These results compare to revenue of $26.74 billion and net quarterly profit of $6 billion, or $6.43 per diluted share, in the year-ago quarter. “We’re thrilled with our outstanding results and record-breaking sales of iPhones, iPads, and Macs,” said Tim Cook, Apple’s CEO. “Apple’s momentum is incredibly strong, and we have some amazing new products in the pipeline.”

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New York Times columnist David Pogue reports on AssistiveTouch, an “amazingly thoughtful” iOS 5 feature that makes it possible to complete Multi-Touch gestures using one finger or a stylus. Writes Pogue: “I doubt that people with severe motor control challenges represent a financially significant number of the iPhone’s millions of customers. But somebody at Apple took them seriously enough to write a complete, elegant and thoughtful feature that takes down most of the barriers to using an app phone.”

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Apple today announced an all-new iTunes U app, giving educators and students everything they need on their iPad, iPhone, and iPod touch to teach and take entire courses. The all-new iTunes U app lets teachers create and manage courses — including essential components such as lectures, assignments, books, quizzes, and syllabuses — and offer them to millions of iOS users around the world. The app also gives iOS users access to the world’s largest catalog of free educational content from top universities including Cambridge, Duke, Harvard, Oxford and Stanford. And starting today, any K-12 school district can offer full courses through the iTunes U app.

Blog post and video from Microsoft Digital Crimes Unit about company efforts to stop the Rustock spambot.

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In an interview at National Geographic’s Adventure blog, director Tim Kemple of Camp 4 Collective — an outdoor video and film production company — describes using iPhone 4S to shoot a hi-def music video at the Great Salt Lake as an experiment in remote location capture. Kemple reports getting excellent video from iPhone 4S, noting that “because it’s always with you means you end up using it when you’d least expect.” The interview includes tips for stabilizing shots, optimizing for iOS 5 features, using helpful apps in extreme environments, and shooting in low light.

Wired reviewer Brian X. Chen writes that a superb new camera and speedy dual-core processor are great additions to iPhone 4S and that Siri alone is reason enough to buy the phone: “To give you an idea of how convenient Siri is, it takes about three seconds to create a reminder with a voice command, as opposed to the 10 seconds it takes me to manually type an event into a to-do list or calendar entry.” Chen concludes: “…both inside and out, this is a magnificent smartphone.”