Codecs for video

Hi, what are the best and most efficient video extensions and compression types to be used on devices like iPad/New Ipad and iPhone on local apps (video on device) or via streaming from the web. The use for this is to make the videos as small as possible but continue to have the best image quality?
I hope i was clear on the question, i apologise for the bad english.
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MereteConnect With a Mentor Commented:
Sourced for you and should give you a starting point for what your asking for, your question is very broad also you need to decide on the encoding methods.

The Complete Guide to iPad Video Format

iPad Supported Video Formats

How to encode a video simultaneously for web, iPhone, iPad, iPod & other handheld devices using HandBrake
Perian is a free, open source QuickTime component that adds native support for many popular video formats.
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