this post was submitted on 27 Aug 2024
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My understanding is that they committed to 10 years of support for the lightning connector, which was released before USB-C became a thing. I can't find a source for that, but it lines up pretty well with the timing of things (introduced in 2012, replaced around 2023), and I wouldn't be surprised if they made a deal like that.
There's more to it than just the cables, there's all of the companies that integrate with their phones. There are a ton of accessories for iPhone, and they probably have contractual obligations to maintain compatibility for some amount of time.