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M3 Chip 8 Core GPU
That's quite enough. In fact M2 would also be OK, if you want to save $100 for other options. Or look for second hand machine (but may be hard to find with enough storage and memory)
256 GB storage is not enough.
Not enough. That's the most critical.
System will use close to 100 (even more in some cases) ; Xcode uses a lot of storage.
So 512 is a strict minimum, and 1TB is a safer choice for +$460 (personally I never go now below 2 TB).
16 GB Unified Memory
Take care, that cannot be expanded. If you intend to keep your Mac for several years (more than 5 or 7 is a safe bet), you should consider 24 GB (extra $230)
Mind also of screen size if you do not plan to buy an external monitor. Xcode requires a lot of screen space to develop efficiently (and comfortably). So 15" is better
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Developer Tools & Services
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General
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