> and the stick is obsolescence

Does this really apply?

My gf and I each earn FANG salaries and could upgrade a,couple of times a year if we were so inclined but haven’t bothered until the M1 arrived. IPhone 6s & 7, watch 0 & 3, 2016 Macbook + 2017 MacBook Air (TBF she has a big 2019 Intel MBP from work though)...upgrading that old gear didn’t seem worth it. Patches and upgrades continued to arrive (except for the watch 0).

But we finally upgraded everything and now I’ll upgrade my 2014 ipad that I’m typing on now.

I doubt most people upgrade simply because something new has arrived. Apple doesn’t really drive you to it.