As a 53 year old, I've been starting to feel like there's a very real chance I will never buy another brand new computer (for personal use), phone or gaming console in my lifetime, which would be very surprising if you told this to me ~2 years ago.

If my computer fails, I have plenty of old components from older systems that I can swap in. I also have quite a few old phones (my primary job over the past decade has been Android development, so I have older test devices that still function fine for my purposes). And consoles are just very optional (and way more costly than I am willing to pay) when they start costing $1500+.