I am not sure why it’s eating competitors lunch when many very well-regarded competitors are in the price range available at stores.
What’s better about a Neo than a Yoga 7? Same price range.
https://www.bestbuy.com/product/lenovo-yoga-7-2-in-1-copilot...
This is $40 more than the Neo’s top model and you get double the RAM and an OLED convertible touch screen.
But I don't know why you cannot see it as terrible for the PC makers that Apple finally has entered the sub-1000$ market. Since Apple has existed they've been in the high-end of the market, and now they're not. The Lenovo I'm sure is fine, but what it doesn't have is clarity of purpose. The Neo is a laptop and nothing else. Which leads me to question whether that very complicated Lenovo hinge will survive the 7 years my Mac laptops give me.