To get to a level of a xeon processor it is going to take Apple about 4 years, and Intel is still going to be improving the Xeon workstation and server processors. So if you need a machine now you might as well get it and in 4 years then evaluate xeon vs Arm. I loved the PowerPC and it was a RISC processor but Apple has a long way to go to get to a workstation/server level. Get a machine get Applecare and enjoy a system for the next 4 years. Yes they should be about to match a i5 soon but then the i7 and then the i9.
Looks like there are some Xeon level ARM processors available now 🧐https://www.networkworld.com/article/3564514/ampere-announces-128-core-arm-server-processor.html