Regarding the slowing down of devices, underclocking the CPU allows for both less power and a lower peak voltage to be drawn from the battery and extends the real usable life of the phone. Others would simply not turn on or pass a hardware test by failing to POST. You are right about new software versions being 'encouraged obsolescence'- a company that pushes features to its older phones knowing they may not be able handle these alongside the older essential ones definitely has an interest in you purchasing a new phone. This could easily be fixed by not having the slimmest phone on the market and instead have a thicker and more easily user-replacable battery.
[0] http://batteryuniversity.com/learn/article/how_to_prolong_li...
This could have been avoided if they weren't so obsessed with thinness. I reckon that if it was thick enough to not have a camera protrusion, it would be the perfect balance of form and battery life.
Where does that leave us? People that must have newest and fastest are encouraged to upgrade every year. Others accept slow downs due to old batteries and new iOS.
This is definitely not 'planned obsolescence' because your phone still works. Maybe 'encouraged obsolescence' is a better term.