I don't believe you can create a mp3 at that rate (unless something has come along I don't know about), though. I believe that that is what his point was.
OMG, the l lack of understanding of audio standards and quality among the modern listeners is astounding. (I'm in my mid 40's so I was around when access to great used analog audio equipment was still easily had, as well as quality interconnects. in the 90's CD (AIFF/PCM) technology was still being innovated to improve DAC.
Bit rate comparisons don't mean much between compressed standards, and quote "lossless" standards. One is compressed and by nature can never be meaningfully turned up to the same bitrates as PCM. Although not always exactly true, compression = loss of fidelity. information that could be relayed to your ear is permanently lost.
From my perspective, CD quality is not lossless. It has it's treble bias (meaning, when multiple sounds are happening as the same time, CD's will prioritize encoding fidelity for treble over bass). and even with "lossless" PCM, the higher the frequency the less "space" There is to add definition which is why treble can be harsh and grating, and mid range can be muddled and lost even on CD's. even more so in compressed standards.
when Apple was in the process of birthing the compressed portable music revolution, Sony, Phillips, and Panasonic were developing amazing sound technologies to improve sound in the digital space. Super Audio (DSD) and DVD-Audio were developing and growing and people around the word were learning what Studio master quality sound really was.
I've listed to super audio (DSD) tracks that have brought me to tears. That's never happened with ACC over Bluetooth, not once. even if you aren't good at picking out the difference when listening to a 30 second ABX test between different sound sources, I promise you that if you spend time immersing yourself in music with high fidelity sources compared the same content on a compressed source, the emotional reaction will differ. For some it will differ dramatically. some people just aren't emotionally moved by music so it doesn't matter to them.
I'll admit, I've grudgingly moved away from component systems with all their complicated/ugly enclosures, switches, and wires. but I've had to spend a lot of time and a decent amount of money to find a digital system I am remotely happy with.
That said, I would gladly double my payment to apple to even bring back CD quality sound to the streaming space. I've all but given up hope that DSD technology will be brought back into the mainstream into affordable components that don't require analogue interconnects.
If you've read this far, thanks for taking the time to read this rant from this semi "old codger" by todays standards.