WaitForEndOfFrame with Application.targetFramerate set produces different results when comparing Game view with Device Simulator view

Reproduction steps:
1. Open the attached “WaitForEndOfFrameTest” project
2. Open "Assets/Scenes/SampleScene.unity" scene
3. Open the Game view
4. In the Game view Control Bar, click on the Game tab
5. Select Simulator from the drop-down menu
6. Enter Play Mode
7. Observe the Console

Expected result: No Console warnings appear
Actual result: Console warnings “WaitForEndOfFrame Broken” appear

Reproducible with: 2021.3.27f1, 2022.3.2f1, 2023.1.0f1, 2023.2.0a19

Reproducible on: macOS Ventura 13.2.1 (M1 Max)