That is totally sustainable. It's effortful — and they can get away without doing it — "when they can just tell everyone to upgrade to the latest build". Just because they can do something doesn't mean its alternative is not "sustainable".
> Less required QA, less wasted engineering time.
For the vendor yes. More headaches for the user when features they liked are removed or features they didn't like or want are pushed on them. But that was already accepted as inevitable when buying into the Apple ecosystem, which brings me back to my original point: non-user-hostile software.
In any case, I'm not sure why anyone should care about saving money for Apple. As a consumer I should look for the best deal for me, not ways to funnel more money into their pockets. They are very capable of taking care of that themselves.