The price of these headphones are a problem to the mass market, not audiophiles.
For the mass market, the pinnacle of headphone quality are the most expensive Bose/Sony headphones that the local Best Buy carries - approx $300.
So when Apple drops a $550 bomb into the market, it is natural for lots of negative reactions.
I expect these headphones will be a low volume seller like the Homepod - most will stick to Airpods pro or Beats for over the ear headphones.
I guess they are going to have to wait for the AirPods max mini in a year or two then.
I suspect this is like the OG HomePod, which was priced what it did because it really does cost so much to design and make. Similarly, I am willing to wager that the AirPods max costs as much as it does because it’s really that expensive to manufacture as well. Apple isn’t making much money from them.
In time, we may see Apple improve enough of their manufacturing process to release a more mainstream pair of headphones at a more reasonable price. Like what Apple has done with the HomePod mini.
But for now, I will say the AirPods max is pretty much in line with what one would expect of a 1st gen Apple product. It probably has its limitations, but it gets that one core experience right which makes people go “this one thing is worth more to me than every other sacrifice combined”.