Depends what they're used for, if it's for lightweight-demands mobile communications and simple tasks then I'd definitely agree. However the phone has become the personal computer for many and covers a broad range of tasks, let alone before you consider demanding users.
If you've got one device for all your computing then you want something more capable, I think there's more scope for variation is when it's in conjunction with another device, mobile plus your choice of watch/tablet/laptop/desktop/etc. that doesn't necessarily have to be on your person or quickly accessible, task dependent.
For people who use the phone for everything, this is great. But I hope we will start to see at least some smaller options return to the market for those who just want a simple communication device / have small hands.
I recently booted up an old Samsung S10, and the size is just chef's kiss.
If you've got one device for all your computing then you want something more capable, I think there's more scope for variation is when it's in conjunction with another device, mobile plus your choice of watch/tablet/laptop/desktop/etc. that doesn't necessarily have to be on your person or quickly accessible, task dependent.