According to Macworld, Apple has announced Final Cut Pro X during the 2011 National Association of Broadcasters Show.
"Apple says Final Cut Pro X has been rewritten from the ground up, with support for 64-bit, a user-interface redesign, and a whole host of new features. The software takes advantage of core Mac OS X features like Cocoa, Core Animation, Open CL, and Grand Central Dispatch to speed up and fine-tune performance."
Read the rest of the article at Macworld.