As a longtime Apple customer, I find this latest design decision to be completely annoying. I agree with the OP... I'm totally pissed off.
My wife, my two teenage daughters and I are all on iPhones, but there is absolutely no way that I'm buying an iPhone 7 for any of us. Apple just lost a customer, or, since I'm the IT department for my house, four customers. Apple says it takes "courage" to ditch the headphone jack, but it absolutely feels like a cash grab and not courage at all. It feels to me like a giant "screw you, customers, we are Apple and our profits aren't looking great lately. We need you all to ditch your current headphones and buy our super overpriced headphones so that we can justify our Beats purchase." The only feeling that describes how utterly disgusted that I am is "nerd rage".
I'd use stronger language but I'm a moderator and so I'm supposed to set a good example.