Can Apple lightning EarPods listen to lossless?
Can an old EarPods with lightning listen to lossless?
iPhone 12 Pro
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About lossless audio in Apple Music --> https://support.apple.com/HT212183
See the FAQ in the above article. Lightning jack Earpods do have a DAC which should support lossless but whether or not they can render a difference you can hear is another matter.