If you stream music (and who doesn't these days) you've obviously come across abbreviations at the end of the audio files. The acronyms reading WAV, FLAC, MP3 and so on, are called audio codecs. You ...
Yes, the lossless audio file you're using is probably compressed — that's completely fine for this reason.
I regularly get questions about lossless audio files, or files compressed in a lossless format, for my Ask the iTunes Guy column. These questions come from people who seek to listen to the best ...