Correctly they are IEEE1394 ports, also known as Firewire (Apple) and i-Link (Sony).
When USB was version1.1 and rated at 12mbps it was too slow for connecting to hard drives or video cameras. IEEE1394 is rated at 400mbps. Most common use is to connect miniDV camcorders directly to your computer for video editing.
Check out the trade association for further details
www.1394ta.org
USB2 rated at 480mbps is now the more common method of connecting to external hard drives