I don’t know anyone these days who buys a new iPhone each year. Used to be worth it, now they’re refreshes. My 15promax is still spec and feature wise ahead of the current iphoneSE. No idea if I’ll get the new one, maybe wait another year. Though the better camera is what I really want. For clarity I think I’m dead smack in their demographic, I have expendable income and COULD buy a new phone each year, I’m in an Apple ecosystem and develop on Apple. I don’t speak for everyone obviously, but I think it’s more of a meme and anti-apple/tech-tribalism that pushes the idea of “must consume new phone” Android really pushes you to keep upgrading because the phones stop being supported, it’s wild. iPhones receive updates for quite some time. The iPhone 11 from pre-Covid is still marked as capable of ios27 so still receives updates.