I agree. This story reads like a "rah rah Apple" story aimed at Apple people and pushing the superiority button.
I don't think it reads like that at all, but that could be because I've been expecting this to happen. I did have a few immediate reactions though:
1) I hate stories like this, because they're often missing key details, sources, context, etc. I wish there were more specific data available as to what they're so "scared" of and what exact factors trigger it.
2) If the story is true, and I believe it probably is, I can't think of better empirical evidence that Apple Silicon is officially a disruption to the PC industry. This is mind blowing in itself, because the Mac has already done that once or twice before in its lifetime.
3) The MacBook Air is, and always has been, a very successful product. The new model is going to print money for Apple, and is going to encourage even more switchers. Even people who need Windows--as long as their software will run on SoCs in emulation, they're covered too in a lot of use cases. I personally do not need a new MacBook Air, but I'm actually thinking of driving out to the Apple Store just to look at and hold one in my hands. I really want to interact with that new design in person.
4) The time to be scared of this is not July 2022. I refuse to believe any 3rd party PC maker in business today JUST NOW started quivering in their boots. The time to panic about this was when the rumblings started that Apple was making their own Mac silicon. The second time to panic was when they soft launched it for upcoming Macs. The third time to panic was when they retrofitted M1 to the MacBook Air, MacBook Pro, and Mac mini and shipped them to customers.
My point: the worries are justified, but anyone caught flatfooted right now has been asleep at the wheel. I already feel like Apple is never bringing their business back to Intel for any reason. Now it's going to start trickling down to Windows hardware sales. macOS may never be the dominant platform, but it will continue leeching customers from the Dells, HPs, and Lenovos of the world.