I don't have an iphone but I side with apple this time.

Using credentials(esim) for accessing phone networks looks much easier and practical than physical tokens. No need to wait 2 weeks to switch companies. No need to check if your phone supports dual sims, and which slot is the one with 4G/5G. Security won't be worse, remeber that sim swapping already exist.

It's a win for consumers. Would anyone use a physical token to access a wifi network? Even corporate wifi networks use credentials or digital certificates.