MacRumors.com

MacCentral reports that Apple will be releasing a new version of Quicktime before the end of the year to support new 3G cell phones and the 3GPP technology, based on MPEG4:

"This is the next step in the delivery of a promise we made when we announced QuickTime 6 with MPEG-4 capability," Rhonda Stratton, senior product line manager, QuickTime, told MacCentral. "We started to see some things on the Internet with MPEG-4, but now we are seeing another industry pick up the standard for 3GPP, which is based on MPEG-4."

One of our sources had told us that Quicktime 6.1 is almost ready with some new features... and that the MPEG2 component will get a sister.

Update: The "sister" component appears to be the 3GPP technology.