Now read about the comparison of beats with other headphones - or listen yourself - and tell me where the match is?
While Apple stuff has become a fashion statement, it also performs. Apple products look good because they are very well designed and made. Beats on the other hand don't perform, at least not sound quality wise. And they are certainly not very well made. Carefully designed, this may be true.
The better comparison for beats would be H&M (or Zara, or Mango or whatever is fashionable now). Cheap fashion that attracts easily, to throw away.
I think the comparison with Apple makes sense, looking at it that way. As a 'technophile' I used to pay more for my laptop (Dell, at that point) than most people around me. They would work on really crappy laptops, curse how slow or loud or hot they were, but stick with them and not spend a premium on something better. Apple changed that, and made it 'fashionable' to spend a bit more to get, at the very least, a mid-range laptop. Those who did get one understood the benefits after the fact. Beats are similar. They might not be 'great' to audiophiles, or worth their money, relatively, but for many people they are the first experience of, at least, decent sound.
For the daft money they throw at headphones with an inline EQ, they could get some great Beyerdynamic headphones that sound brilliant.
Fashion over functionality.
EDIT: Yep, I missed the point! Functionality = fashion. You can clearly tell I am not fashionable.
So my point is: not just fashion. Suitability for job as well.
Point taken. True. Select an expensive fashion company instead.