Become a MacRumors Supporter for $50/year with no ads, ability to filter front page stories, and private forums.
I only watched about the first 45 seconds. Based on that, I'd say it's feasible to do in Final Cut. It was fairly basic animation.

But you'd save yourself a lot of headache and time by using a motion graphics program like AE or Motion.
 
That was likely made in After Effects, but you can do something similar in Final Cut, not sure about iMovie though. It's just a bunch of elements keyframed about.
 
Register on MacRumors! This sidebar will go away, and you'll see fewer ads.