Not surprising, in this environment you either have much more money or much less depending on which side of the wage gap you are on as inequality keeps growing, and yet nobody would buy a new computer that doesn't function better than the old ones.
That's what Apple did right with the M1 and M2 and the demand for them keeps growing. All the PC industry have is overheating components and Windows 11 with it's terrible user experience. Intel and AMD are battling over benchmarks with their 300W TDP processors when all the market wants is battery life. They completely lost the plot.