Differences between image formats: GIF, PNG, JPEG or HTML

In the Snippy tool, you can save an image in GIF, PNG, JPEG or HTML.
What are the advantages/disadvantages of each?
brothertruffle880Asked:
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*** Hopeleonie ***IT ManagerCommented:
It's difficult to explain all, so you can have a look at this links:

GIF:
http://en.wikipedia.org/wiki/GIF

PNG:
http://en.wikipedia.org/wiki/Portable_Network_Graphics

JPEG:
http://en.wikipedia.org/wiki/JPEG

HTML:
http://en.wikipedia.org/wiki/HTML

I would choose JPEG where I can.
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brothertruffle880Author Commented:
I looked at the wikipedia entries.  too verbose.  It's informative yet unwieldy for a user.
I'm looking for a simple table with the advantages/disadvantages.
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designedbyjackieCommented:
Im not sure if my 2 cents will help. But this is what i use and why.

Jpg (photos or designs with photos) - downside no transparency

gifs - logos non photos small file size - downside transparency is ok but spotty

png - My latest love affair. I save everything out as a png that is logo related. They are smooth , crsip and read by most browsers. A few years ago not so much

psd - Great for photos

AI - Vector text, and objects, you can scale it and not loose quality like PSD
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