There are so many downsides to removing the jack, specifically around connections to other devices and systems - hifi systems, car audio, external microphones, and yes, even selfie sticks.
I would consider myself an audio enthusiast (Westone W60 headphones for daily use), and I don't relish the thought of needing to have either a) a bulky and inconvenient adaptor with an external DAC, b) new headphone cable with a DAC built in, at probably considerable expense, or c) switching to a new handset manufacturer that hasn't lost their mind.
The people who want external DACs can already make use of the USB or lightning connector while the rest of us quite happily make do with the convenience of the 3.5mm jack.
Apologies for the somewhat-ranty nature of this post, it just frustrates me to see functionality taken away for no good reason. Phones are already too thin, and I constantly have issues gripping my iPhone 6 - the thicker iPhone 5 felt much more comfortable in my hand, and was far easier to grip into with the square bevelled edges. We're heading in the wrong direction with thickness at the moment - I'd rather extra battery life via a larger battery than an extra 0.6mm thinner.