Planned obsolescence is the bi-product of the free market system. The idea is [for a company] to decrease the lifespan of a product (say, an iPhone) and then sell it, knowing its going to break exactly when designated to, then conveniently come out with the "brand new" model with "all new" features.
"So what?" you say, well, where do you think your old iPhone went? How about your first phone? Your old tube tv?
They're not in the museum. yet.
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And to whom it might concern: I'm not editing this.