In case you didn't know, you can use FFmpeg to convert Audible aax files to DRM-free MP3/AAC/whatever [0] (scroll down for FFmpeg instructions). This is useful if for some reason you want to archive them or play them in an app that doesn't constantly change its UI and bombard you with ads. [0]: https://www.kylepiira.com/2019/05/12/how-to-break-audible-dr...
If you're converting .aax files you should consider using .m4b as the output, since it preserves chapters and remembers your last listened timestamp [0]: > Audiobook and podcast files, which also contain metadata including chapter markers, images, and hyperlinks, can use the extension .m4a, but more commonly use the .m4b extension. An .m4a audio file cannot "bookmark" (remember the last listening spot), whereas .m4b…
There's no functional difference between a .m4b file and a .m4a file. Both use the MP4 container so adhere to the same specification, so support all the same features (including bookmarks). FFmpeg even uses the same muxer and demuxer for both "formats".
The only difference is a non-standard convention used by certain software (like iTunes) to write autiobook-related metadata only to MP4 files that use the .m4b file extension.
You'll get exactly the same result if you just change the file extension after remuxing/transcoding.