It just occurred to me why the M1 is now in the iPad Pro. When you consider that the iPad Pro was already more than capable enough with an Ax chip, adding the M1 improves economies of scale so the price of the M1 can be spread across more devices, thus lowering the per-device component cost of the chip. The more they make, the less they cost, resulting in two things: 1) Short-term cost maintains Apple's margins; and 2) Long-term cost will allow Apple to gradually reduce the cost of Macs in the same way they were able to bring down the cost of the iPad from $499 to $329.
I suspect that in 3-5 years we will begin seeing $700 MB Airs, $500 Mac Minis, and $1000 iMacs—all running Apple Silicon.
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