Yeah it is going to be interesting come September, regardless of what happens.
What is really wild is the actual price gap between the 16e and 16 Pro Max. That's a $600 price difference, literally double the cost. These phones have a lot of the same internals, RAM, Chip, (a few less GPU cores - I am not entirely sure anyone could ever notice or tell the difference). The Pro Max is objectively an excellent phone, but for half the cost, you can also get objectively, a really good phone.
Interesting times we live in. It's the same idea of a base model of cars. Generally, all trims of a car have the same frame and internals, suspension, etc. but the price of the car can easily double with higher trim levels. the F150 is a great example of how quickly that price goes up. Base F150 starts at $37K and the highest trim starts at $75K.