Apple today released QuickTime Update 7.0.2 via Mac OS X’s Software Update utility. Apple says: “QuickTime 7.0.2 delivers numerous important bug fixes and compatibility enhancements. This update is highly recommended for all QuickTime 7 users.” The company also notes that installation of QuickTime 7 will disable the QuickTime Pro functionality in prior versions of QuickTime, such as QuickTime 5 or QuickTime 6. [Thanks to MacMinute reader Paul Martens for this news tip.]