It indicates it is available for Windows, Mac and Apple IOS. Since it is available for Apple IOS I suspect they are providing some competition to iMovie.
Speaking of iMovie, I have owned an iPhone for ~5 years and my current model is a model 7. After having the 7 for TWO YEARS I find out that iMovie is provided as a default App ON MY PHONE. I find out my 13 year old granddaughter has a Youtube channel which she shoots makeup advice and edits ON HER PHONE. I go out on a day hike and find that I can take 4K video ON MY PHONE. Yes, I can edit that video ON MY PHONE, complete with automated cross-dissolves! I find the stabilization of my videos is much better than my Canon camcorder! It gives new meaning to "run and gun!"
-=Ken=-