"I wouldn't bet on this:
- The lifecycle on the market for a smartphone has shrunk to 9 to 12 months for the last two years. "

I concur
I have been thinking on this fact the last few years
The fact that with device lifecycles becoming so tight
inevitably one of two things must finally occur
1- a radical and far reaching innovation that "normalizes" device lifecycles must occur
or
2- sales, marketing, companies, enduser device ownership of devices, the entire ecosystem reachs a point of "unsustainable peak futility", popping like a bubble.

and due to the entire realm of smartphone devices and the deliberately planned obsolescence for profit, along with the lack of risk taking in the industry easily observed as advancements are by micron , not by inch or foot or mile as an industry standard..

I believe the entire industry, and how humanity interacts socially is in for a colossal disruption...

woo hoo
circling the drain baby!