Yes! When Steve Balmer introduced the first generation of Surface tablets in 2012, the ARM-based Surface RT and the INTEL-based Surface Pro lived side-by-side. It wasn't a full-fledged transition to a newer better ARM technology, but a mishmash of competing incompatible standards. As a result the ARM-based tablet failed in the market and Microsoft made another bold step towards bankruptcy.Does Apple make more money if I buy a Mac mini and a third party screen, than by selling me a 27" iMac?
Apple knows how to make a transition, how to prepare it, how to make it a smooth switch and how to completely drop the old way of doing things like a hot potato. The 27" iMac had to be discontinued this year and the Studio Display only exists to be able to kill it and put something in its place until a large iMac with Apple Silicon is ready to take its spot in the shinning light of greatness.
Nobody cares if you actually buy the overpriced Studio Display or a much cheaper LG UltraFine 5K. The more important part (which made Apple the richest company in history) is that even the last fool gets, that the Intel era is over once and for all. The old has been replaced by the new, and Apple will be damed to allow it back in any way or from. It's been discontinued to die! Because it must die.