Computer security company Trend Micro as well as Apple is advising those who have QuickTime installed on Windows machines to uninstall it immediately, as Apple has recently dropped support for it and it's host to two major security vulnerabilities. Mac OS X users need not do so.
QuickTime isn't exactly commonplace these days, but the software may have found its way onto your system upon plugging in an Apple device or installing Apple software, or through Adobe software. Better safe than sorry.
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