In my own experience, the products only start getting slower in their 4th year of purchase and they work pretty fine in that time period and for those who want to keep getting good performance, can simply change their batteries. I would still prefer iOS over android any day of the year.
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Never owned any iPhone so can't say but my iPad just works fine even after 4 years. My friends probably need to calm themselves. However the old iPone market has surely gone bonkers. Prices have come down drastically 😂 Reminds me of bitcoin slump last month.