That's also nothing new. The whole reason for the existence of the article was that you can now shoot AND EDIT a professional-level movie entirely on a phone. You in turn suggested a phone where you can't do that. How helpful was that?
I don't WANT to edit on my phone, and I personally see very little functionality in that feature. When I'm out using my phone, living life, I don't want to spend it editing, I want to spend it having fun and living. I want to capture photos and video at will.
Later on that night or a few days later I will edit, sort, filter as needed.
For me, I see no reason to spend 40 minutes capturing video at the alligator park outside of Bangkok, then sitting in the middle of the elephant show, and spend an hour or two editing the video. That's something I'll do later in the evening, or even 2-3 weeks later.
But if someone wants to edit on and Android phone, you can look at Photoshop, or you can use Arcsoft's tools. Those are pro-grade tools if want them.