There aren't that many people that upgrade something like an MBP every year, most of us keep them longer than that.

I've just ordered an (almost) top-of-the-range MBP Max, my current machine is an MBP M1-max, so the comparisons are pretty much spot-on for me.

Selling the M1 Ultra Studio to help pay for the M4 MBP Max, I don't think I need the Studio any more, with the M4 being so much faster.