>"I believe that the average replacement rate of smartphones is less than 3 years." It is probably the same as with PC. Initially each generation was way more

>"I believe that the average replacement rate of smartphones is less than 3 years." It is probably the same as with PC. Initially each generation was way more powerful and allowed "better" and more powerful applications. But at some point your generic PC has become powerful enough to run nearly everything the average person wants and there are no more reasons to upgrade. Smartphones may have reached the same point.