High-definition Video Support
Starting with version 5 (from 2005), iMovie processes high-definition video from HDV camcorders, in later versions also from AVCHD camcorders and H.264-compressed video from MPEG-4 or QuickTime Movie files (.mov)., e.g. as generated by a number of digital photo cameras with HD video recording feature. To facilitate this, iMovie/iLife installs the Apple Intermediate Codec on the system as a QuickTime component. iMovie transcodes (‘optimizes’) HD video upon ingestion (‘import’) using this codec and stores it in the QuickTime file format (.mov).
Read more about this topic: IMovie
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