> Do we even know if a complex sinusoidal wave at any given instant is actually the sum of an infinite series of simple sine waves in real life, or is this simply a mathematical way to analyse the complex sine wave?
In real life there are always different ways to mathematically represent the same thing. Just because it may be intuitive to think of sound as a time-domain waveform doesn't mean it's not "really" a sum of sine waves, because it's just as much sine waves as it is anything else. The two representations are absolutely equivalent in every way.
Since we're talking about frequency issues (treble, bass, etc.) it makes a lot of sense to talk about frequency domain (so, sums of sinewaves = fourier series).
But further than that, it actually makes a lot of sense physically to talk about sums of sinewaves. When you learn about simple harmonic motion (basically the resulting path of a spring 0 oscillatory acceleration), you'll see that what results is a simple sinewave. In other words, oscillatory acceleration (the exact function of a headphone driver) produces output naturally as a function of sinewaves, if you do the calculus. So it's even more natural to think of headphone driver output in the frequency domain.
But ultimately it doesn't matter - mathematically and physically time domain and frequency domain represent the exact same signal.