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About mp4 file format :
MPEG-4 Part 14 or MP4 is a digital multimedia format most commonly used to store video and audio, but can also be used to store other data such as subtitles and still images.[2] Like most modern container formats, it allows streaming over the Internet. The only official filename extension for MPEG-4 Part 14 files is .mp4, but many have other extensions, most commonly .m4a and .m4p. M4A (audio only) is often compressed using AAC encoding (lossy), but can also be in Apple Lossless format. M4P is a protected format which employs DRM technology to restrict copying. MPEG-4 Part 14 (formally ISO/IEC 14496-14:2003) is a standard specified as a part of MPEG-4.

Some devices advertised as "MP4 Players" are simply MP3 Players that also play AMV video or some other video format, and do not necessarily play the MPEG-4 Part 14 format 

The MP4 file format defined some extensions over the ISO Base Media File Format to support MPEG-4 visual/audio codecs and various MPEG-4 Systems features such as object descriptors and scene descriptions. Some of these extensions are also used by other formats based on ISO base media file format (e.g. 3GP).[1] A list of all registered extensions for ISO Base Media File Format is published on the official registration authority website www.mp4ra.org. The registration authority for code-points (identifier values) in "MP4 Family" files is Apple Inc. and it is named in Annex D (informative) in MPEG-4 Part 12.[17] Codec designers should register the codes they invent, but the registration is not mandatory[19] and some invented and used code-points are not registered.[20] When someone is creating a new specification derived from the ISO Base Media File Format, all the existing specifications should be used both as examples and a source of definitions and technology. If an existing specification already covers how a particular media type is stored in the file format (e.g. MPEG-4 audio or video in MP4), that definition should be used and a new one should not be invented.  
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