https://en.wikipedia.org/wiki/Latency_(engineering)These forums are not predominantly Apple friendly.
And you're assuming the earpods with lightning aren't just the fallback measure. Apple pushes wireless at all times whenever possible. I also don't know what you're talking about when it comes to 'tons of latency'. Also, most music is lossy.
->Recorded<- music is lossy.. but I vote with my wallet on the least lossy material I can obtain.