Here's the definition I'm using. I don't think you've ever seen the definition of the word:
of a discarded or outmoded type; out of date:
When the device with a smaller screen than this one is on its third generation of a better display, and the device with a larger screen than this one is on its second generation of a better display, the new device is now out of date.
But relax, I was actually paying a compliment to the company for understanding its customer base and knowing what it can get away with. Incidentally, I love and own almost every Apple product. I just believe that if people buy these out of date products in large quantities, it will reinforce Apple's decision to keep making out of date products.