You automatically assume hardware is trash when it doesn't support the latest OS but still works just fine with the older version, and you're blaming Apple for a throw-away culture? I think you need to look in a mirror....
A significant number of apps require the latest version of the OS. The utility really does drop off if you are a major OS version or two behind. Trash? Maybe not, but definitely worth much, much less. I agree that 2.5 years is far too soon to stop updating the iPad’s OS.