I can not rotate the inserted image in the map layout using rotate tool. I work with ArcGIS 10.1
You should use Rotate (Data Management) to rotate Rasters.
Rotate tool in Editor toolbar is for rotating features (vector).
You should also move this content to a relevant space like https://community.esri.com/community/gis/analysis/geoprocessing?sr=search&searchId=dd0ff07f-0408-42b....
