FLAC is the audiophile's handshake: CD-perfect sound at roughly half the shelf space. It was born in 2001, Josh Coalson; now kept by the open Xiph.Org Foundation, and its real weak spot is fitting in pockets: lossless is still large: and charming Apple's own apps.
MOV is Apple's homebody: gorgeous on a Mac, awkward everywhere else. The QuickTime container; often H.264 or HEVC, sometimes heavyweight editing codecs like ProRes. That makes it the right destination when what you need is shooting and editing on Apple hardware, where it's the native tongue.