Earlier quoted context omitted.
Most iPhone users keep their phones less than three years: https://9to5mac.com/2023/05/10/how-long-people-keep-iphones/ I’m also buying used iPhones and keeping them longer than that but we’re outliers.
And what happens to the old ones? I bet they are mostly resold, which is what I typically do.
That’s neither here nor there. I was saying it’s insane to me to pay several thousand dollars for a phone that’ll be replaced after 2–3 years (typically)