Final Cut Pro 3: QuickTime Version Remains 5.0.2

Final Cut Pro 3 requires and includes QuickTime 5.0.4. However, you may notice after installing QuickTime 5.0.4 that the QuickTime version remains at 5.0.2.
Symptom

QuickTime version says 5.0.2 even though 5.0.4 has been installed.

Products Affected
Solution

Because QuickTime 5.0.4 only updates two lower level components, the version reported by the QuickTime Settings control panel in Mac OS 9 and the QuickTime pane in System Preferences in Mac OS X will still state version 5.0.2.

You can be assured that QuickTime 5.0.4 is installed correctly if the Final Cut Pro 3 application opens successfully. If QuickTime 5.0.4 or later hasn't been properly installed, the application will notify you, then quit.
Published Date: Feb 18, 2012