The problem is that not only doesn't the Note5 not have a MicroSD but it lacks a 128GB variant, you don't seem to understand what we are saying.
A 128GB Variant would have made up for lack of MicroSD as at least 128GB is plenty storage. Many of us have 32GB to 64GB MicroSDs, so we have at least 64GB memory in our Note 4 altogether, a 64GB Note5 may not be enough though as we install more data in our new Note5 on top of the data we had in the Note 4.
The iPhone at least has a 128GB variant, so one may go with that as at least it offers a lot more memory, even if there is no MicroSD at least it offers 128GB. With the Note5 we lose MicroSD and get limited to 64GB, when even the S6/S6Edge had 128GB variants.