It would have to if it makes (analog) sound waves from (digital) files
Like a fancy dac. The specs are very pedestrian for a music device.
Apple’s $10 dongle has measured better than many fancy DACs and its silly to spend more than that on a portable setup.
I say this as someone who has spent thousands on headphones, amps and DACs over the years. It’s a silly hobby that is far too expensive for what you get out of it