APE is a sound file format. In this format, data encoding is performed using Monkey's Audio Lossless. The developer is Matthew T. Ashland of Monkey's Audio. Compression of audio data in this format occurs without loss of quality. The sound quality of APE files is much higher (corresponds to high-end WAV and WAVE formats) than the more common and popular MP3 files, but they take up more space. The software package Adobe Audition allows you to edit the soundtracks of APE files. The format supports the ability to correct write errors.
WAV (or WAVE) is actually the first full-fledged audio format with good sound quality. It was developed quite a few years ago by the joint efforts of Microsoft and IBM. Sometimes this format is even called “Audio for Windows,” because it is the standard for storing audio stream for a traditional Windows desktop computer. Full name - Wave Audio File Format. The short name is derived from the English word wave ("wave"). The peculiarity of this format of digitized audio stream is the lack of compression. WAV files take up too much space, but it is ideal for storing high quality files in their original form.