There are times, however, when you need to convert MP3 files into other audio formats such as WAV, AAC, FLAC, or OGG on your Mac due to compatibility issues with media players and devices. One of the main advantages lies in its comparatively small file size that saves storage space and bandwidth while sharing data.
MP3 (MPEG-1 Audio Layer-3) is a convenient, versatile, and popular way of storing music and other audio files.