Really interesting & the fact they call Beats by Dre a "fashion accessory" is a subtle middle finger :)
Some speculate that Apple bought Beats precisely their accessorizationability factor (yeah, yeah, it's early, I'm grasping for neologisms to summarize the concept). Basically, Beats figured out how to cost-effectively profitably mass produce many variations on a common product to increase cool factor and consumer choice.
Given ambient noise, compressed audio, and always-imperfect listening conditions, sound quality is definitely not the first thing most consumers look for (notice I didn't write listen for) in a set of headphones.
(I have decent reference headphones for the house, but elsewhere it just doesn't matter.)