You divide the number of physical qubits by 5 to get the number of fault tolerant error corrected qubits. [0] If their algorithm works, they need a 1860 (372*5) qubit computer to break 2048 bit RSA. IBM expects to get there by 2025. [1] [0] https://en.wikipedia.org/wiki/Five-qubit_error_correcting_co... [1] https://www.ibm.com/quantum/roadmap
The amount of error correction you need is more than what the five qubit code provides. A more typical estimate is that you'd need 1000 physical qubits per logical qubit. For example, using the surface code, a back of the envelope estimate would be that you need a code distance of d = ln(number_of_operations). Each logical qubit will use 2d^2 physical qubits. So for a million operations you'd need around 400 physical…
Expectations of a Moore's law type improvement rate are going to be left wanting.