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.
MMF is the Yamaha SMAF sound file format developed for mobile devices. The MMF format is linked to SMAF (Synthetic Music Mobile Application Format) files. Many people know this format because they very often use it as ringtones in cell phones. Yamaha’s SMAF tools were developed primarily by Yamaha to provide audio files that users could use as unique ringtones for their mobile phones. However, then the format was slightly improved. Now such files are capable of storing information, graphic, as well as text. You can create an SMAF file using Yamaha SMAF Tools. It can also be saved in WAV or MID format. It’s not uncommon to confuse MMF and SMAF formats. The fact is that MMF are called file extensions. SMAF is called the file itself. The MMF file is identical to MIDI files. It is capable of supporting music playback and showing graphics. Due to the implementation of the image display function, SMAF files now have considerable potential in the mobile application market. This is because they can store high quality images when the file size is limited at the same time. Typically, the size of SMAF files is much smaller than files of other formats that can perform the same functions.