Apple has become a quite expensive ride.
The iPhone 5, released on September 21, 2012, illustrates this well. According to Wikipedia it was developed under the guidance of Tim Cook, and the last iPhone overseen by Steve Jobs. With the release of iOS 11 in January 2018 it will also be obsolete, as no longer supported.
While many customers seem to take it for granted that they will be upgrading iPhones on a regular basis, perhaps some misgivings now that the price tag has reached and exceeded $1,000. Elsewhere in Apple's realm where even a mid-range laptop can cost well over $2,000, there are those who expect them to last awhile.
They should. The hardware is generally well-crafted, even if discrepancies such as ill-conceived gpu's which suffer untimely failures exist. One pays a premium for such equipment not only with the expectation of premium ease of use, etc., but as well overall quality which should last.
Yet is becoming increasingly apparent that Apple's latest OS of an operating strategy is planned obsolescence. Not just with software which may be abandoned—despite the sizeable monetary investment, as well time, many may have in it—but as well in all this beautiful hardware which could often continue to function well for decades, but by design is now often made obsolete by Apple in about five years, and something they will not even touch or repair in about seven.
That is the reality faced (if otherwise ignored) when one purchases their first or ongoing new toy (or actual business computer) from Apple. If anything made worse due their growing propensity to release software and hardware which isn't even as capable or well thought out as that which preceded it.
Thus one can be stuck in the position of holding onto older hardware and/or software simply because it does the job better than anything now on offer, hoping but knowing that it is only a question of time before something (even if minor and otherwise easily fixed) just gives out.
Then, if electing to remain within the Apple ecosystem in purchasing new equipment (of hopefully some merit), knowing all that money has only bought a limited amount of time. The clock is already counting down . . . and if this trend continue Apple's share price only increase.
One needn't be only a luddite to see something wrong with this. Obviously Apple's products have come a long way since the inception of the company; there is an inherent cost to innovation and progress. But when otherwise happy customers suddenly find themselves with relatively new products but out in the cold due decisions Apple could and arguably should not have made—then something stinks in Denmark (er, Cupertino.)