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Smart Business Model
Honestly this was probably a smart move by Apple because they were not making enough money off broadcast, feature film, and corporate video users. They have not abandoned all professional users though – wedding videographers are absolutely professional users if they are making their living off what they do, and ditching output to XDCAM and Betacam will probably not hurt their business model. Your average wedding videographer also does not need feet+frames timecode with EDL export for negative cutting, post conforming, etc….
Apple may be throwing the broadcast, feature film, and corporate customers away with the redesign but I guarantee that they will be making way more money off the new consumer “I shot this on my flip cam iPhone android” market.
I am sure the decisions to leave features out, add new ones, and the overall redesign of the program were motivated 100% by profit; Apple’s desire to shift their target market from the small broadcast, feature film, and corporate video communities to the ever expanding consumer universe. It is simple economics and I am sure the stockholders are loving it!!!