I’m sure they know most people aren’t upgrading yearly so it makes more sense to target people two gens or more behind. Regarding your last point, it’s because

I’m sure they know most people aren’t upgrading yearly so it makes more sense to target people two gens or more behind. Regarding your last point, it’s because of the video accelerators on the M series chips which is why they mention Final Cut. The latter comparison to Intel laptops also has to take into account that it’s been ~4 years since Apple shipped that.