@deconstruct60 this morning mentioned on the Mac mini thread that probably this has something to do with a bigger iPad Pro. Well, the obvious is that this new M3 Pro is more efficiency focused, so maybe Apple plans to leave the M3 for the iPad Air lineup, and use the new M3 Pro on the entire iPad Pro lineup. Seems too crazy? Okay, chill, it’s just an idea.
It would be something closer to a "iPad Ultra" , but something closer to a Microsoft Surface Pro (e.g., take the 14" screen off the MBP 14" , thicken it past what is normal for iPad, but still somewhat thin with active cooling. and perhaps been back the GPU at the extreme edge a bit).
There is a very good chance that the Qualcomm X Elite is going to get tossed into a variety of Windows tablets. Some with active cooling. The X Elite will fit into a broad number of enclosures. So will the M3 Pro if Apple chose to do so.
The M3 Pro could be run in modes of 2P+2E , 2P+4E , 4P+4E , 4P+6E so it could operate in a smaller thermal envelope if those fit the workloads engaged in some contexts. It 'smells' like a package that could be put into a product with a smaller battery than a MBP 14" and still get decent battery life.
It could be a quieter Mini Pro , but I really don't think the Mini Pro was really 'desperate' for those thermal envelope flexibility. It just looks like there is yet another product they want to toss this into. And I suspect it is not yet another laptop.
P.S. at the end of the "Scary Fast" video the credits listed that the whole thing was "shot on iPhone and edited on a Mac". If there was a 'iPad Ultra 14" + M3 Pro' then probably could have done the whole thing on that one device.
( camera , field video monitor , storage ( internal or to external USB-C SSD) , daily/quick edit workstation , finish with resolve .... all in one 'slab' mounted to a shooting gimbal. )