Hello,
Thank you for your help.
So based on what you wrote I did the following:
I did identify that the problem is local with my User Profile. Quicktime works just fine under a new local user. However, it still does not work under the original user account.
Through my "fishing" I did find a bit more info..
In the "Problem Report for QuickTime Player", it states the following "QuickTime Player quit unexpectedly while using the cl_kernels plug-in."
Process: QuickTime Player [238]
Path: /Applications/QuickTime Player.app/Contents/MacOS/QuickTime Player
Identifier: com.apple.QuickTimePlayerX
Version: 10.3 (727.4)
Build Info: QuickTimePlayerX-727004000000000~1
Code Type: X86-64 (Native)
Parent Process: launchd [147]
Responsible: QuickTime Player [238]
User ID: 501
PlugIn Path: cl_kernels
PlugIn Identifier: cl_kernels
PlugIn Version: ??? (???)
Date/Time: 2014-12-10 08:36:51.976 +0430
OS Version: Mac OS X 10.9.5 (13F34)
Report Version: 11
Anonymous UUID: 96AC0D1F-ADAD-9FCD-D45F-FC24C87887F6
Crashed Thread: 4 Dispatch queue: com.apple.root.default-overcommit-priority
Exception Type: EXC_BAD_ACCESS (SIGSEGV)
Exception Codes: KERN_INVALID_ADDRESS at 0x000000000000000f
VM Regions Near 0xf:
Needless to say there is much more in the report but its very tech and not sure it would help.
So I went into the library and deleted the following, ONE at a time:
com.apple.QuickTimePlayerX.LSSharedFileList.plist
com.apple.quicktimeplayer.plist
com.apple.quicktime.plugin.preferences.plist
and
QuickTime Preferences file
As stated, I deleted each file individual, one at a time and rebooted the computer after each delete. I was expecting the OS to rebuild these files by itself but I could NOT find these said files anywhere again. Maybe I did something wrong? I put back the files from the trash bin to original location for now.
Also ran disk permission from utility. Did not help.
Finally a new detail that I may have omitted. The Quicktime application does launch by itself. It is when I try to open a known working .mp4 file in it, it is then when it crashes. If I double click on a .mp4 file, well... the it crashes right away.
Again thank you for your comments. If you have any other suggestions, please let me know, I appreciate it.