"Apple on Wednesday announced that the H.264/Advanced Video Codec (AVC) will be incorporated in its QuickTime software in an upcoming release next year. The video technology has been ratified by the DVD Forum for use in the High Definition (HD) DVD format; it was jointly developed by the Motion Picture Expert's Group (MPEG) and the International Telecommunication Union (ITU), and has been ratified into the MPEG-4 specification as well."
Great to see Apple stay on the cutting edge. When you're locked in a battle for media software supremacy with Microsoft, you can't afford to be one step behind.