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Does nobody use portable digital music players like the iPod or Walkman anymore?

I bought one a couple of years ago as a gift, a Sony Walkman, and it never got gifted (a whole other story), so in cleaning things out I found it, brand new in its box.

Originally I bought it for a little over $400 and put it out on local social media for sale at $125. Not a single person was interested, didn't even gat a lowball offer.

I'm thinking I'll end up giving it away... how can something go obsolete so fast? Is it because of smartphones?
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I bought a sandisk version a while back, the idea being that I wouldn't run out my cell phone battery with music and I could keep using all the physical jack audio stuff I have. I think it's the smart phone, if you always have it with you all the time and it can do music already, why not just focus on that? plus you get network availability and a huge range of music available at any time,