Apple has released a new Mac application called "iAd Producer" that you create awesome graphic and motion-rich iAds for iOS devices.
The app features a full component library where you can easily drag in user interface elements like progress bars, flip views, and galleries. iAd producer even includes a full range of animations and tools to help you create stunning iAd designs.
iAd Producer also includes a full simulation tool to test your iAd on any iOS 4 device or the iOS 4 simulator on your Mac. Optimization tools for the best possible performance is also present and be sure to check out all our screenshots after the break. iAd Producer is available free to paid developers through the iOS Dev Center.