Best music file format for audio on phone M8

[Javier 1273]

Since M8 spks are so good. I would like to get the best output possible.
don't care about file size. Also an application to open that file.
( I believe that mp3 compresses files, this means loosing audio quality )
Am I right or there wont be any difference since I will be using phone spks.

 

[whitelunchbag]

The best format is flac, but you will need a good set of headphones to notice any difference between flac and high bitrate MP3

Posted by my Nexus 7 (2013)