PNG or Portable Network Graphic format is a graphic file format that uses lossless compression algorithm to store raster images. It uses 2 stage compression methods. It is frequently used as web site images rather than printing as it supports only the RGB color model. So CMYK color images cannot be saved as PNG image.
The Apple Icon Image format (ICNS) is used for icons on Apple's OS X. It supportes the storage of various resolutions (16x16x up to 1024x1024) in one single ICNS file. Also, it supports the storage of several images for different states.
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