Apple has just announced that GarageBand – the popular music creation app is now compatible with iPhone and iPod touch.

GarageBand was one of the apps that was showcased at the iPad 2 launch event and later released in the App Store.

Here’s the description of GarageBand:

GarageBand turns your iPad, iPhone and iPod touch into a collection of Touch Instruments and a full-featured recording studio — so you can make music anywhere you go. Use Multi-Touch gestures to play pianos, organs, guitars, drums, and basses on your iPad. They sound and play like their counterparts, but let you do things you could never do on a real instrument. Enjoy a full range of Smart Instruments that make you sound like a pro — even if you’ve never played a note before. Plug an electric guitar into your iPad and play through classic amps and stompbox effects. Use the built-in microphone or a guitar to record, or capture any performance. Then mix up to eight tracks to create a song you can share.

In addition to support for iPhone and iPod touch, the latest version of GarageBand also comes with the following new features and improvements:

Universal app designed for iPad, iPhone, and iPod touch

Create custom chords for Smart Instruments

Support for 3/4 and 6/8 time signatures

Reset song key without transposing original recordings

Transpose songs in semitones or full octaves

Additional quantization options for recordings including, straight, triplet and swing

New audio export quality settings for AAC and AIFF (Uncompressed)

Arpeggiator available in Smart Keyboard

Adjustable velocity settings for Touch Instruments

Numerous enhancements, including automatic fade out and improved audio import options

You can checkout the demo videos of GarageBand below:

GarageBand is available in the App Store for $4.99.

[via MacStories