The ways that companies like Apple try to extract more cash from their customer base are many. The notion of planned obsolescence is defined by the Oxford dictionary like so:
A policy of producing consumer goods that rapidly become obsolete and so require replacing, achieved by frequent changes in design, termination of the supply of spare parts, and the use of nondurable materials.
The dictionary definition obviously doesn’t cover it all, but suffice it to say that releasing a new model every year with improvements only sufficient to make older models not capable of running updates is one good example. But getting customers to buy new hardware is not the only way [...]