In the electronics world, it is an exercise in futility, to try and keep up with the latest and supposed greatest of the day, no matter the brand. No matter what, there are going to be people who just upgraded, and feel that they got the proverbial shaft, even though they did so of their own volition.
In the end, it really shouldn't matter whether or not Apple releases a phone every year. What does matter, is whether or not one is happy with their purchase. If one isn't happy with the product(s) being offered at the time, one can either keep what he or she has until something better comes along, or change direction to a different product entirely.
Apple products are not investments. If more people would realize that, maybe there wouldn't be so much consternation involving issues like this. Self-worth should not revolve around whether or not one has the latest Apple product release, in my opinion. But, it appears for several on the forum, it is all about being able to brag for 6 months, that one does have the latest and greatest. Seems rather petty to me.