I'm personally totally fine with incremental upgrades. It already does everything I want and it lasts for like 5+ years. I'll get a new one when this one dies and then I had 5 iterations worth of new stuff.

Most of the people in my family and friends have iPhone X, 11, 12, or 13s and run at varying degrees of "dead any day now" and "completely fine" (from old to new, generally).