Originally scheduled to be released on Friday, Apple on Thursday released two new apps for iPad, GarageBand and iMovie.

[ad#Google Adsense 300×250 in story]Apple CEO Steve Jobs demoed the apps during the introduction of the iPad 2 at a special event in San Francisco last week. iMovie has been reworked to take advantage of the iPad’s larger screen and GarageBand is a brand new app for Apple’s mobile device.

GarageBand features a collection of touch instruments and an 8-track recording studio, allowing you to perform with onscreen keyboards, guitars, drums and basses using multi-touch gestures.

Having used iMovie on the iPhone, I think this app will most certainly benefit from the larger display of the iPad. Apple says that with iMovie, iPad 2 users can shoot and edit videos right on their iPad and post their movies to YouTube, Facebook, Vimeo and their MobileMe gallery.

Both iMovie and GarageBand are available to download from Apple’s App Store for $4.99 each.