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I'm still rocking an iPad 6th generation. It's a video consumption device only. A faster CPU doesn't enable any new use cases.

The only reason is the consumer's desire to buy more.

New oled does look like quite a nice display though...

Yep I have an OLED TV but was watching a movie on my (M1) iPad Pro last night, and realised how grey the blacks were.

Once you see it, etc.

and I still have a an original iPad Air first gen.....still works for basic things. Unsupported by apple now, but still usable.