> Apple is on a 3 year cycle now, probably to help accelerate development on their AR project.
If Apple has made that decision then there's a context which isn't generally appreciated. It's not just that you've stopped buying new phones so Apple needs something else to sell you: it's that AR/VR is more or less inevitably the future mainstream interface of mobile computing. The box-with-a-screen-on-the-side physical UI has hit its limits (this is Amdahl's Law of Mobile UI ;) ), which is also why there's so much interest in trying to make folding screens work.
Redesign -> CPU leap -> Camera leap
iPhone 6 -> 6S -> 7
iPhone X -> XS -> 11