That would be the 3Gs. I had mine for 3 years before I upgraded to the 5. It felt like a pretty old phone. What are the odds that people who have a 3-4 year old smart phone, really want to use a lot of apps?
I have a 3GS. And even though I've had it for so long, it still doesn't feel dated to me. Apple did a good job with the hardware and the software support. It is finally starting to feel a bit sluggish after almost 4 years of very heavy use. Compare that with my old phones which I essentially threw away after a year or so and never missed them...and the crappy Razr that died after a year.