I was just reading about Google watches moving away from the ARM environment. And it's like.... Who is buying all these watches?? In the phone industry it's clear that people are buying less phones. I'm almost to year three with my pixel five and I'll probably replace the battery soon.
If phones slow down, I think it's only because the apps get filled with more and more bloat to spy on you. Not sure what the end game is but it seems selling new phones to people every eighteen months never made sense.