QuickTime 7.0.3 updated for iPod video creation

Apple on Wednesday released QuickTime 7.0.3, an update to their core multimedia software. The 34MB update can be downloaded from Apple’s Web site and is also available from the Software Update system preference panel.

The new update “delivers several important bug fixes, primarily in the areas of streaming and H.264 video,” according to Apple, which recommends it highly for all QuickTime 7 users.

What’s more, users who have installed QuickTime 7 Pro — the US$29 upgrade to QuickTime that adds authoring capabilities — will gain the ability to create video and audio files that can be played back on compatible iPods. Apple on Wednesday introduced new color iPods that can play MPEG-4 and H.264 video.

An important caveat, if you have not yet updated to QuickTime 7 — the update disables QuickTime Pro functionality in versions prior to QuickTime 7. You need to purchase a new QuickTime 7 Pro key in order to restore that capability.

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