Contrary to what you might think, nobody is holding a gun to the head of consumers forcing them to buy the latest gadget. Those who do have the means to indulge their desire to have the latest whizzy toy will, more often than not, sell the old devices giving those less well off the opportunity to buy something they probably wouldn’t have bought because they couldn’t justify the price.
Others, like me, hold onto their devices until they get to the point where further support is no longer available - I replaced my iPhone 6+ last October with an iPhone 11Max Pro, that 6+ was five years old, the iP11 will probably last another five or six years, maybe longer; the 6+ only had 128Gb of storage, the 11 has 512, more than enough capacity for my entire music library as it stands now, and for the foreseeable future, as I refuse to use any streaming service on moral and idealogical grounds due to the way artists are treated financially.
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