In the same sense that potato chips are not a Lay’s product, because you can’t buy a potato chip, only a bag of them, and it’s not reasonable to assess the chip independently from the packaging in which it is sold, so the packaged chip is the product under discussion? Because that’s… extreme.
That's a weird comparison because if you wanted to buy just the M1 chip you are forced to buy a chassis, motherboard, screen, keyboard, memory, etc. which may cost more than the chip to begin with. Also the chip comes with zero documentation.