QuickTime is Apple's cutting-edge digital media software for both Mac and Windows-based computers delivers unparalleled quality for creating, playing and streaming audio and video content over the Internet.

QuickTime: the digital media standard.

Besides playing MPEG-4 and MP3 content, it supports timecode tracks as well as MIDI standards such as the Roland Sound Canvas and GS format extensions. It also supports key standards for web streaming, including HTTP, RTP and RTSP. Plus, it supports every major file format for images, including JPEG, BMP, PICT, PNG and GIF. 

QuickTime also features built-in support for digital video, including the DV camcorder formats, as well as support for AVI, AVR, MPEG-1, H.263, and OpenDML.

QuickTime has a legacy of supporting and developing the latest digital media standards ensuring that you can create and play back the widest range of standard formats in the industry with QuickTime. 
Γö¼Γòû MPEG-1 
Γö¼Γòû MPEG-2(1) 
Γö¼Γòû MPEG-4 
Γö¼Γòû H.264 
Γö¼Γòû 3GPP & 3GPP2 
Γö¼Γòû AAC 
Γö¼Γòû JPEG

Here are some key features of "QuickTime":

Γö¼Γòû Create H.264 video
Γö¼Γòû Convert video for iPod
Γö¼Γòû Record audio for podcasting or narration
Γö¼Γòû Background Exporting
Γö¼Γòû On screen playback control in full screen mode
Γö¼Γòû Create surround sound audio
Γö¼Γòû Save movies from the web*
Γö¼Γòû Full screen playback
Γö¼Γòû Create content for mobile phones
Γö¼Γòû Create MPEG-4 files
Γö¼Γòû Cut/copy/paste editing
Γö¼Γòû Create slideshows
Γö¼Γòû Convert media to dozens of formats
Γö¼Γòû Create media skins
Γö¼Γòû Watch streaming web videos in player or browser
Γö¼Γòû View over 200 media file types
Γö¼Γòû Automatic connection speed detection
Γö¼Γòû Adjust video and audio settings
Γö¼Γòû Play H.264 video
Γö¼Γòû Surround Sound Audio Playback
Γö¼Γòû Access to QuickTime content guide
Γö¼Γòû Adjust movie playback speed

Home Page - 
  
http://www.apple.com/quicktime/