Neither are Apple handsets, though it's true Apple has been good about providing them for around five years. In both cases, it remains to be seen what updates will be available longer term, people expect most major providers to provide security updates past the guaranteed period.

Also worth mentioning, after three years most people who purchased a new handset will have upgraded. If they spend $400 on each handset, their long term expenditure will be lower, and they'll always have an up to date handset (the early cheap Androids were pretty bad, but a decent smartphone is a commodity these days, the main thing more money buys is better image capture, though Pixel kind of defies that for now). The hardware is probably still good, except maybe the battery, which becomes cost ineffective to replace (in this sense, the company that provides the most easily serviceable devices wins, which I heartily endorse). At that point, many Androids can have a third party OS installed for new features. Not so with Apple.