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I'm using DaVinci Resolve 18.5 on my iPad Air 2020 (non-Silicon). It only handles up through HD resolution (1920 x 1080) and not 4K, but it works. In order to have an iPad silicon Pro model with enough horsepower to handle lengthy and large 4K videos would cost as much or more than a more capable MacBook. Plus DaVinci Resolve 18.5 runs very well on my MacBook Air M1 when editing 6 hours long 4K videos. FCP is more intuitive to use, but with DaVinci Resolve 18.5 now available for free, it is a no-brainer decision for me. The Studio version costs $300 (one time fee), but for a hobbyist I don't need those extra features designed for pro design studios.
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