The Neo costs $200 more than a comparable Windows laptop, but with half the RAM and storage as said comparable Windows laptop.
They're fighting to seize the very specific market segment of "I don't like Windows and don't want to use Linux or a Chromebook, and I'm also poor, but still want to pay a premium price for an underpowered tablet with keyboard glued to it."
The specs may be comparable, but not the end result : my $2000 Windows 11 laptop is slower and laggier than the Neo.
Can you recommend a Windows laptop in the $400 range? I'm interested in a craptop for various Windows things that still pop up from time to time.
You are right about the first part but I think you're overestimating the number of people that see Apple products as status symbols. Maybe that was true a decade ago but I don't think it is anymore. Enough of the products have found their way to every country imaginable over time that an Apple laptop is... just another laptop.
A fun, brightly colored, relatively inexpensive, Windows-less laptop that you can use for doing your taxes while watching a movie has appeal. The performance isn't that important, so long as it is as responsive as the owner's phone.
Please, by all means do post a link to a comparable new Windows laptop for $400, including a fast GPU, reasonable amount of fast storage (and not counting an SD card or such), a high-DPI monitor, and non-embarassing build quality. I'd love to see this.