MOV is not one file format but rather a format envelope that can be made up of any of dozens of codecs, resolutions, and frame rates from basic DV through H.264, HEVC to ProRes, and other pro formats.
These days, most PCs and Apple devices can handle both MOV and MP4 files, at least to some extent. However, the need to convert MOV video files to MP4 files has not diminished.