Yes. But I think most importantly, Samsung can spin out budget phones and actually sell it. No one’s buying cheap Apple product. Currently mostly it is a status symbol… as most-if-not-all high end phones. Don’t get me wrong, great devices but we all know what kind of personalities mostly go for Apple stuff.
Google should have just spread Android features to 2, 3 years instead of as soon as possible, to match feature set of iOS. Then most Android would be getting easy 10 years of support. But then again most Android phone manufacturers selling a device, Apple is selling services and side products. Giving the die size of A16 SOC and quality hardware, Apple probably giving you their phones at cost and keeping them up to date so you can buy their other products.