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I fail to understand your point. What kind of feature do you to be excited to see in a product that is 16 years old? Do you think the and thing when you buy a new dishwasher, a couch, a chair? That it’s mediocre? Smartphones are not the future anymore, there’s people starting university soon that always had one, and never lived in a world without the iPhone. Also, besides arguably the first few iPhones, Apple never distinguished itself from the competition with the technology it uses, but by the quality of its offering, which is why bending phones or poorly designed antennas are more important for them than having the newest tech available half a second after being commercially viable - that’s what Android OEMs do to differentiate. I know that for me, personally, having a new iPhone with USB-C is a must have feature, which is why I have my iPhone 11 still chumming along. |
Those are things that you replace every 5 to 10 years. People do see innovation with those products because they only look at new ones occasionally.
If people have the same expectations of their iPhone, and they get off the upgrade treadmill of a new phone every 2 years and start buying every 5 years that would mean Apple's iPhone sales would drop by roughly a half among the core group who buy every new model. That would have a very significant impact on their share price.