QuickTime is a multimedia technology developed by Apple Computer and first released in 1992 (a year before Microsoft's Video for Windows). It has evolved to become a versatile platform, capable of handling video, audio, animation, text, music, and virtual reality (VR) panoramas.
QuickTime Player is the media player for QuickTime. The basic player is distributed free, with QuickTime Pro available for a fee. QuickTime Pro supports more formats than the free version, and includes features such as wide-screen viewing and MPEG-4 creation.